An Initial Estimation of the Economic Effects of the Creation of the EurAsEC Customs Union on Its Members
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.
Volume (Year): (2011)
Issue (Month): 47 (January)
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- Lucio Vinhas de Souza & Tatiana Lysenko, "undated". "The effects of energy price shocks on growth and macroeconomic stability in selected energy-importing CIS countries," Energy and Environmental Modeling 2007 24000064, EcoMod.
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