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EU Accession Effects on Export Prformance: The Case of Greece

Author

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  • Minoas Koukouritakis

    (University of Crete)

Abstract

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

Suggested Citation

  • Minoas Koukouritakis, 2006. "EU Accession Effects on Export Prformance: The Case of Greece," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 4(2), pages 147-166.
  • Handle: RePEc:seb:journl:v:4:y:2006:i:2:p:147-166
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    File URL: http://www.asecu.gr/Seeje/issue07/koukouritakis.pdf
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    References listed on IDEAS

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    1. G. Arghyrou, Michael & Bazina, Evelyn, 2003. "Competitiveness and the External Trade of Greece in the 1990s: A Cross-Sectoral Investigation," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 18, pages 763-793.
    2. 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 Industria Artigianato Agricoltura di Genova, vol. 46(4), pages 360-376.
    3. repec:wsi:wschap:9789814749589_0001 is not listed on IDEAS
    4. Koukouritakis, Minoas, 2005. "EU Accession Effects on the Demand for Manufactures: the Case of Greece," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 58(4), pages 471-488.
    5. repec:wsi:wschap:9789814749589_0002 is not listed on IDEAS
    6. Morris Goldstein & Mohsin S. Khan, 2017. "The Supply and Demand for Exports: A Simultaneous Approach," World Scientific Book Chapters,in: TRADE CURRENCIES AND FINANCE, chapter 2, pages 83-104 World Scientific Publishing Co. Pte. Ltd..
    7. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 39(3), pages 106-135.
    8. Morris Goldstein & Mohsin S. Khan, 2017. "Income and Price Effects in Foreign Trade," World Scientific Book Chapters,in: TRADE CURRENCIES AND FINANCE, chapter 1, pages 3-81 World Scientific Publishing Co. Pte. Ltd..
    9. Moran, Cristian, 1988. "A Structural Model for Developing Countries' Manufactured Exports," World Bank Economic Review, World Bank Group, vol. 2(3), pages 321-340, September.
    10. 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.
    11. Michael Plummer, 1991. "Ex-post empirical estimates of the second enlargement: The case of Greece," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(1), pages 171-182, March.
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    Cited by:

    1. George Magoulios & Stergios Athianos, 2013. "The Trade Balance of Greece in the Euro Era," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 11(2), pages 187-216.

    More about this item

    Keywords

    EU Accession; Export subsidies; Simultaneous equations; Comparative static analysis; Residuals approach; Anti-monde;

    JEL classification:

    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

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