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European Enlargement and Single Market Accession: A Mistreated Issue

  • Philippidis, G.

    ()

    (Centro de Investigacion y Technologia Agroalimentaria(CITA))

  • Carrington, A.

    ()

    (Natonal Statistics)

From 2004, enlargement of the European Union is expected to bring substantial net economic benefits. Herein lies a weakness, in that practically all empirical studies characterise ‘single market’ accession using simple ad hoc uniform percentage reductions in trade costs. Employing a modified gravity specification we estimate these costs and derive non-tariff barrier (NTB) equivalents, whilst associated regional impacts are calculated within a computable general equilibrium (CGE) framework. Our results suggest that spatial effects in gravity estimations have a dampening impact on NTBs for eleven of our sixteen sectors, which is reflected at the regional level.

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Article provided by Center for Economic Integration, Sejong University in its journal Journal of Economic Integration.

Volume (Year): 20 (2005)
Issue (Month): ()
Pages: 543-566

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Handle: RePEc:ris:integr:0329
Contact details of provider: Web page: http://www.e-jei.org/

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