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Assessing the Impact of ACP/EU Economic Partnership Agreement on West African Countries

Author

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  • Busse, Matthias
  • Großmann, Harald

Abstract

The European Union is currently negotiating free trade agreements, called Economic Partnership Agreements (EPAs), with African countries as part of the Cotonou Agreement between the European Union and African, Caribbean and Pacific countries. The paper empirically assesses the impact of the EPAs on trade flows and government revenue for 14 West African countries. The results indicate that the decline in import duties due to the preferential tariff elimination might be of some cause for concern and that complementary fiscal and economic policies have to be implemented before or at the time the EPAs come into force.

Suggested Citation

  • Busse, Matthias & Großmann, Harald, 2004. "Assessing the Impact of ACP/EU Economic Partnership Agreement on West African Countries," HWWA Discussion Papers 294, Hamburg Institute of International Economics (HWWA).
  • Handle: RePEc:zbw:hwwadp:26198
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    File URL: https://www.econstor.eu/bitstream/10419/19266/1/294.pdf
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    References listed on IDEAS

    as
    1. Paul Brenton & Miriam Manchin, 2003. "Making EU Trade Agreements Work: The Role of Rules of Origin," The World Economy, Wiley Blackwell, vol. 26(5), pages 755-769, May.
    2. Brenton, Paul, 2003. "Integrating the least developed countries into the world trading system : the current impact of EU preferences under everything but arms," Policy Research Working Paper Series 3018, The World Bank.
    3. Gallaway, Michael P. & McDaniel, Christine A. & Rivera, Sandra A., 2003. "Short-run and long-run industry-level estimates of U.S. Armington elasticities," The North American Journal of Economics and Finance, Elsevier, vol. 14(1), pages 49-68, March.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Economic Partnership Agreements; EU; ECOWAS; Africa;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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