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

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  • Pierluigi Montalbano
  • Silvia Nenci

Abstract

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.

Suggested Citation

  • Pierluigi Montalbano & Silvia Nenci, 2012. "Assessing the Trade Impact of the European Neighborhood Policy on EU-MED Free Trade Area," Departmental Working Papers of Economics - University 'Roma Tre' 0147, Department of Economics - University Roma Tre.
  • Handle: RePEc:rtr:wpaper:0147
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    File URL: http://dipeco.uniroma3.it/public/WP%20147.pdf
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. M. D. Parra & I. Martinez-Zarzoso & C. Suárez-Burguet, 2016. "The impact of FTAs on MENA trade in agricultural and industrial products," Applied Economics, Taylor & Francis Journals, vol. 48(25), pages 2341-2353, May.
    2. Ascani, Andrea & Crescenzi, Riccardo & Iammarino, Simona, 2016. "What drives European multinationals to the EU neighbouring countries? A mixed methods analysis of Italian investment strategies," LSE Research Online Documents on Economics 64862, London School of Economics and Political Science, LSE Library.
    3. Emiliano Magrini & Pierluigi Montalbano & Silvia Nenci, 2013. "Are the EU trade preferences really effective? A Generalized Propensity Score evaluation of the Southern Mediterranean Countries' case in agriculture and fishery," Working Papers 2/13, Sapienza University of Rome, DISS.
    4. Mathias Juust & Priit Vahter & Urmas Varblane, 2017. "The Trade Effects Of The Eu-South Korea Free Trade Agreement In The Automotive Industry," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 105, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    5. Emiliano Magrini & Pierluigi Montalbano & Silvia Nenci, 2013. "Are the EU trade preferences really effective? A Generalized Propensity Score evaluation of the Southern Mediterranean Countries' case in agriculture and fishery," Working Papers 2/13, Sapienza University of Rome, DISS.
    6. Abdessalem Abassi & Lota Dabio Tamini, 2016. "Trade performance and potential of North African countries: An application of a stochastic frontier gravity model," Cahiers de recherche CREATE 2016-4, CREATE.

    More about this item

    Keywords

    Trade policy; European integration; Gravity Model; Match- ing econometrics; Southern Mediterranean Countries;

    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

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