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Assessing the Trade Impact of the European Neighborhood Policy on EU-MED Free Trade Area

  • Pierluigi Montalbano
  • Silvia Nenci

The main goal of this article is to provide an ex ante assessment of the long-run average treatment e¤ect of ENP on EU-MED FTA. The novelty of this work is twofold: to present nonparametric matching estimators along with gravity estimates; to assume, as a counterfactual, the ex-post treatment e¤ect of the EAs. Our empirical outcomes show a strong and robust impact on EU-MED trade integration of the new "deep integra- tion" e¤orts made by the EU. This empirical evidence is relevant both to policymaking and to strengthen the empirical assessment of the EU "policy impact" in the Mediterranean Area.

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Paper provided by Department of Economics - University Roma Tre in its series Departmental Working Papers of Economics - University 'Roma Tre' with number 0147.

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Length: 35
Date of creation: Feb 2012
Date of revision:
Handle: RePEc:rtr:wpaper:0147
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