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An Initial Estimation of the Economic Effects of the Creation of the EurAsEC Customs Union on Its Members

  • Vinhas de Souza, Lúcio

    ()

    (World Bank)

This note provides an initial estimation of some of the economic effects of creating the Eurasian Economic Community (EurAsEC) customs union. Relying on the computable general equilibrium model from the Global Trade Analysis Project (GTAP), results of the simulations consistently support the conclusion that, as an arrangement, the EurAsEC customs union (CU) would be a GDP-reducing framework in which the negative trade-diversion effects surpass positive trade-creation ones.

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File URL: http://siteresources.worldbank.org/INTPREMNET/Resources/EP47.pdf
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Article provided by The World Bank in its journal Economic Premise.

Volume (Year): (2011)
Issue (Month): 47 (January)
Pages: 1-7

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Handle: RePEc:wbk:prmecp:ep47
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  1. Lucio Vinhas de Souza & Tatiana Lysenko, . "The effects of energy price shocks on growth and macroeconomic stability in selected energy-importing CIS countries," Energy and Environmental Modeling 2007 24000064, EcoMod.
  2. Oleksandr Shepotylo, 2009. "Export diversification across industries and space: do CIS countries diversify enough?," Discussion Papers 20, Kyiv School of Economics.
  3. 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.
  4. repec:dgr:uvatin:20020053 is not listed on IDEAS
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