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EU Accession Effects on Export Performance: The Case of Greece

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  • Minoas Koukouritakis

    ()
    (Department of Economics, University of Crete, Greece)

Abstract

This paper estimates the effects on the Greek export performance that caused by the EU accession. A simultaneous equations model of export demand and export supply has been used in order to avoid the simultaneity problem. Comparative static analysis and the residuals approach have been implemented. The results indicate that the EU accession and the consequent abolition of the export subsidies had a negative effect on the country’s export performance, instead of improving it. The main reason for this effect is that the export subsidies, during the time period that were valid, were just improved the exporters’ revenues and not used for creating new comparative advantages for the Greek products.

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File URL: http://economics.soc.uoc.gr/wpa/docs/Koukouritakis_Exports.pdf
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Bibliographic Info

Paper provided by University of Crete, Department of Economics in its series Working Papers with number 0516.

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Length: 25 pages
Date of creation: 00 2005
Date of revision:
Handle: RePEc:crt:wpaper:0516

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Keywords: EU Accession; Export subsidies; Simultaneous equations; Comparative static;

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  1. Koukouritakis, Minoas, 2005. "EU Accession Effects on the Demand for Manufactures: the Case of Greece," Economia Internazionale / International Economics, Camera di Commercio di Genova, vol. 58(4), pages 471-488.
  2. Moran, Cristian, 1988. "A Structural Model for Developing Countries' Manufactured Exports," World Bank Economic Review, World Bank Group, vol. 2(3), pages 321-40, September.
  3. Engle, Robert F & Granger, Clive W J, 1987. "Co-integration and Error Correction: Representation, Estimation, and Testing," Econometrica, Econometric Society, vol. 55(2), pages 251-76, March.
  4. Michael Plummer, 1991. "Ex-post empirical estimates of the second enlargement: The case of Greece," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 127(1), pages 171-182, March.
  5. Michael Arghyrou, 2000. "EU participation and the external trade of Greece: an appraisal of the evidence," Applied Economics, Taylor & Francis Journals, vol. 32(2), pages 151-159.
  6. Goldstein, Morris & Khan, Mohsin S., 1985. "Income and price effects in foreign trade," Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 2, chapter 20, pages 1041-1105 Elsevier.
  7. Goldstein, Morris & Khan, Mohsin S, 1978. "The Supply and Demand for Exports: A Simultaneous Approach," The Review of Economics and Statistics, MIT Press, vol. 60(2), pages 275-86, May.
  8. Georgakopoulos, Theodore A., 1993. "Trade and Welfare Effects of Common Market Membership: An Ex-post Evaluation for Greece," Economia Internazionale / International Economics, Camera di Commercio di Genova, vol. 46(4), pages 360-376.
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