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A Wider Europe: Trade Relations Between an Enlarged EU and the Russian Federation

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  • Lúcio Vinhas de Souza

Abstract

This paper aims to study the joint effects of the 2004 EU Enlargement and Russia’s entry into the WTO, and the effects of an eventual Russia-Enlarged EU Free Trade Agreement (FTA). The paper is organized as follows: in Section I, it starts with the brief description of the model used. The effects of the 2004 EU Enlargement are estimated on Section II. In Section III, the effects of Russia’s WTO Accession are simulated up on the benchmark of an Enlarged EU. Section IV simulates different Russia-EU FTAs, again upon the benchmark of an Enlarged EU. The work ends with a conclusion.

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Bibliographic Info

Paper provided by CASE-Center for Social and Economic Research in its series CASE Network Studies and Analyses with number 0279.

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Length: 23 Pages
Date of creation: 2004
Date of revision:
Handle: RePEc:sec:cnstan:0279

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Keywords: macroeconomics; macro modeling; transition economics; trade and monetary economics;

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References

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  1. Arjan M. Lejour & Ruud A. de Mooij & Richard Nahuis, 2001. "EU Enlargement: Economic Implications for Countries and Industries," CESifo Working Paper Series 585, CESifo Group Munich.
  2. Harrison, Glenn W & Rutherford, Thomas F & Tarr, David G, 1997. "Quantifying the Uruguay Round," Economic Journal, Royal Economic Society, vol. 107(444), pages 1405-30, September.
  3. Sulamaa, Pekka & WidgrÉn, Mika, 2002. "EU-Enlargement and the Opening of Russia: Lessons from the GTAP Reference Model," Discussion Papers 825, The Research Institute of the Finnish Economy.
  4. Marina Bakanova & L�cio Vinhas de Souza, 2002. "Trade and Growth under Limited Liberalization," Tinbergen Institute Discussion Papers 02-053/2, Tinbergen Institute.
  5. Deardoff, A.V. & Brown, D.K. & Stern, R.M. & Djankov, S.D., 1995. "An Economic Assessment of the Integration of Czechoslovakia, Hungary, and Poland into the Europan Union," Working Papers 380, Research Seminar in International Economics, University of Michigan.
  6. Tarr David G., 1994. "The Terms-of-Trade Effects of Moving to World Prices on Countries of the Former Soviet Union," Journal of Comparative Economics, Elsevier, vol. 18(1), pages 1-24, February.
  7. Piazolo, Daniel, 1998. "Investment behavior in dynamic computable general equilibrium models for transition economies," Kiel Working Papers 879, Kiel Institute for the World Economy.
  8. Rose, Andrew K, 2003. "Which International Institutions Promote International Trade?," CEPR Discussion Papers 3764, C.E.P.R. Discussion Papers.
  9. Paul Brenton & Natalia Tourdyeva & John Whalley, 1997. "The potential trade effects of an FTA between the EU and Russia," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 133(2), pages 205-225, 06.
  10. Richard E. Baldwin & Joseph F. Francois & Richard Portes, 1997. "The costs and benefits of eastern enlargement: the impact on the EU and central Europe," Economic Policy, CEPR;CES;MSH, vol. 12(24), pages 125-176, 04.
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Cited by:
  1. Irina Tochitskaya & Lúcio Vinhas de Souza, 2009. "Trade relations between an enlarged EU and the Russian Federation, and its effects in Belarus," Economic Change and Restructuring, Springer, vol. 42(1), pages 1-24, May.

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