EU Accession Effects on the Demand for Manufactures: the Case of Greece

Minoas Koukouritakis ()

Economia Internazionale / International Economics, 2005, vol. 58, issue 4, 471-488

Abstract: This paper analyzes the demand for manufactures in Greece and estimates the effects from the EU accession. An error correction specification of the Almost Ideal Demand System has been used. This formulation performs well on theoretical grounds, as the restrictions that are imposed by the demand theory are supported by the data provided. The results indicate that the domestic sales of manufactures are substitutes with imports from the EU and the rest of the world. Using the residuals approach, it is found that after the EU accession, imports from both sources substituted for a large part of the domestic sales.

Keywords: Elasticities; Error correction Almost Ideal Demand System; EU accession; Residuals approach; Trade liberalization. (search for similar items in EconPapers)
JEL-codes: C30 F13 F15 (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.iei1946.it/RePEc/ccg/KOUKOURITAKIS%20471_488.pdf Full text (application/pdf)

Related works:
Working Paper: EU Accession Effects on the Demand for Manufactures: the Case of Greece (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:ecoint:0098

Access Statistics for this article

Economia Internazionale / International Economics is currently edited by Giovanni Battista Pittaluga

More articles in Economia Internazionale / International Economics from Camera di Commercio Industria Artigianato Agricoltura di Genova Via Garibaldi 4, 16124 Genova, Italy. Contact information at EDIRC.
Bibliographic data for series maintained by Angela Procopio ().