European Enlargement and Single Market Accession: A Mistreated Issue

George Philippidis and A. Carrington ()
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A. Carrington: Natonal Statistics

Journal of Economic Integration, 2005, vol. 20, 543-566

Abstract:

From 2004, enlargement of the European Union is expected to bring substantial net economic benefits. Herein lies a weakness, in that practically all empirical studies characterise ‘single market’ accession using simple ad hoc uniform percentage reductions in trade costs. Employing a modified gravity specification we estimate these costs and derive non-tariff barrier (NTB) equivalents, whilst associated regional impacts are calculated within a computable general equilibrium (CGE) framework. Our results suggest that spatial effects in gravity estimations have a dampening impact on NTBs for eleven of our sixteen sectors, which is reflected at the regional level.

Keywords: European integration; Single market; NTBs; Gravity modelling; Spatial effects; CGE modelling (search for similar items in EconPapers)
JEL-codes: F10 F11 F13 F15 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:integr:0329

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