Austria's Accession to the EU. The Effects on Consumer Prices

Wolfgang Pollan
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Wolfgang Pollan: WIFO

Austrian Economic Quarterly, 1996, vol. 1, issue 4, 203-211

Abstract: Austria's accession to the EU has intensified competition at all levels of production and distribution. These effects were not noticeable in agriculture. At the beginning of 1995 Austria adopted the EU's Common Agricultural Policy and liberalized agriculture and the food industry; as a result food prices fell considerably. For manufactured goods, however, the integration effects on prices were more drawn out. The price-reducing effects of the EU can be estimated at about 0.6 percentage point for 1995, and at about ½ percentage point for the first half of 1996.

Keywords: Austria's; Accession; to; the; EU.; The; Effects; on; Consumer; Prices (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:wfo:wquart:y:1996:i:4:p:203-211

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