IDEAS home Printed from https://ideas.repec.org/a/voj/journl/v59y2012i3p355-367.html
   My bibliography  Save this article

Effects of Serbian Accession to the European Union

Author

Listed:
  • Mario Holzner

    () (The Vienna Institute for International Economic Studies, Austria)

  • Valentina Ivanić

    () (The Centre for Strategic Economic Studies “Vojvodina-CESS“, Serbia)

Abstract

In this article, the global simulation model (GSIM) of Joseph F. Francois and Keith H. Hall (2009) for analyzing global, regional, and unilateral trade policy changes was applied to Serbia. This was to measure the effects of full trade liberalization with the EU after Serbian accession to the EU. As anticipated, most of the changes in welfare after full liberalization of trade between Serbia and EU can be expected in sectors where Serbia has specialized; protection against imports from the EU is strong. However, losses could also occur in sectors that currently face strong protection against the rest of the world and this protection is lost after EU accession. Trade liberalization will lead to a substantial loss of tariff revenues. Reduced consumer prices might, on the one hand increase consumer surplus but on the other hand decrease producer surplus and output in certain industries.

Suggested Citation

  • Mario Holzner & Valentina Ivanić, 2012. "Effects of Serbian Accession to the European Union," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 59(3), pages 355-367, June.
  • Handle: RePEc:voj:journl:v:59:y:2012:i:3:p:355-367
    as

    Download full text from publisher

    File URL: http://www.panoeconomicus.rs/casopis/2012_3/07%20Mario%20Holzner.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Mutambatsere, Emelly, 2006. "Trade Policy Reforms in the Cereals Sector of the SADC Region: Implications on Food Security," Working Papers 127055, Cornell University, Department of Applied Economics and Management.
    2. Holzner Mario, 2008. "GSIM Measurement of the Effects of the EU accession of the Balkans and Turkey on Agricultural Trade," South East European Journal of Economics and Business, De Gruyter Open, vol. 3(1), pages 7-14, April.
    3. Mutambatsere, Emelly, 2006. "Trade Policy Reforms in the Cereals Sector of the SADC Region: Implications on Food Security," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25380, International Association of Agricultural Economists.
    4. Joseph Francois & H. Keith Hall, 2009. "Global Simulation Analysis of Industry-Level Trade Policy: the GSIM model," IIDE Discussion Papers 20090803, Institue for International and Development Economics.
    5. Patrick A. Messerlin, 2001. "Measuring the Costs of Protection in Europe: European Commercial Policy in the 2000s," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 102.
    6. Mario Holzner, 2004. "GSIM Measurement of the Costs of Protection in Southeast Europe," wiiw Balkan Observatory Working Papers 55, The Vienna Institute for International Economic Studies, wiiw.
    7. David Vanzetti & Santiago Fernandez de Córdoba & Veronica Chau, 2005. "Banana Split: How Eu Policies Divide Global Producers," UNCTAD Blue Series Papers 31, United Nations Conference on Trade and Development.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vukšić, Goran & Holzner, Mario, 2016. "Trade and fiscal imbalances in Southeastern Europe: Can fiscal devaluation help?," Economic Systems, Elsevier, vol. 40(4), pages 568-581.

    More about this item

    Keywords

    Cost of protection; Partial equilibrium model; Trade policy modelling; Serbia;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:voj:journl:v:59:y:2012:i:3:p:355-367. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ivana Horvat). General contact details of provider: http://www.panoeconomicus.rs/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.