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Quantifying Economic Integration of the European Union and the Eurasian Economic Union: Methodological Approaches

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  • Pelipas, Igor
  • Tochitskaya, Irina
  • Vinokurov, Evgeny

Abstract

Despite current political headwinds, there is need for a timely expert assessment of the comprehensive economic integration between the European Union (EU) and the emerging Eurasian Economic Union (EEU). This report constitutes a preliminary methodological study. It starts off by offering a general understanding of the possible scope and limits of EU-EEU economic integration. It surveys the available literature on the various impacts that may arise if regional trade and investment agreements come into force. The report examines the use of computable general equilibrium models for assessment of the economic impact of integration agreements. It also analyses econometric methods used to study regional integration; and it discusses the applicability and constraints of other methods used to evaluate the effects of regional commercial agreements. The report presents a brief analysis of the methodology of assessing the impact of lifting non-tariff barriers.

Suggested Citation

  • Pelipas, Igor & Tochitskaya, Irina & Vinokurov, Evgeny, 2014. "Quantifying Economic Integration of the European Union and the Eurasian Economic Union: Methodological Approaches," MPRA Paper 61858, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:61858
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    Cited by:

    1. V. A. Kolosov & M. V. Zotova & A. B. Sebentsov, 2016. "The barrier function of Russia’s borders," Regional Research of Russia, Springer, vol. 6(4), pages 387-397, October.
    2. Amat Adarov & Vasily Astrov & Peter Havlik & Gabor Hunya & Michael Landesmann & Leon Podkaminer, 2015. "How to Stabilise the Economy of Ukraine," wiiw Background Study 2015-04, The Vienna Institute for International Economic Studies, wiiw.
    3. Vinokurov, Evgeny & Demidenko, Mikhail & Pelipas, Igor & Tochitskaya, Irina & Shymanovich, Gleb & Lipin, Andrey, 2015. "Assessing the Impact of Non-Tariff Barriers in the EEU: Results of Enterprise Surveys," MPRA Paper 68060, University Library of Munich, Germany.
    4. Vinokurov, Evgeny & Demidenko, Mikhail & Pelipas, Igor & Tochitskaya, Irina & Shymanovich, Gleb & Lipin, Andrey & Movchan, Veronika, 2015. "Estimating the Economic Effects of Reducing Non-Tariff Barriers in the EEU," MPRA Paper 68058, University Library of Munich, Germany.

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    More about this item

    Keywords

    economic integration; regional integration; European Union; Eurasian Economic Union; non-tariff barriers; Europe; Eurasia; Russia;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F5 - International Economics - - International Relations, National Security, and International Political Economy

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