EconPapers    
Economics at your fingertips  
 

Opening up of Eastern Europe and Eastward Enlargement of the EU. The Impact on Austria

Fritz Breuss () and Fritz Schebeck
Additional contact information
Fritz Schebeck: WIFO

Austrian Economic Quarterly, 1996, vol. 1, issue 2, 97-107

Abstract: Through simulations using the WIFO macro model it is possible to estimate the effect of changes in trade policy – i.e., of East European opening up and of EU eastward enlargement – on the Austrian economy: although competitive pressure has considerably increased in some economic sectors because of East European opening up, its effect on the Austrian economy as a whole has been beneficial since it brought increased export opportunities. The envisaged eastward enlargement of the EU would stimulate trade and growth, but, due to the Central and East European countries' low level of development, it would also involve considerable costs related to the EU's Common Agricultural Policy and to its structural policies. In the case of EU accession by Austria's four neighboring countries, i.e., Slovakia, Slovenia, the Czech Republic and Hungary, the growth advantages would prevail over the cost disadvantages in Austria.

Keywords: Opening; up; of; Eastern; Europe; and; Eastward; Enlargement; of; the; EU.; The; Impact; on; Austria (search for similar items in EconPapers)
Date: 1996
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/313 Abstract (text/html)
Payment required

Related works:
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:wfo:wquart:y:1996:i:2:p:97-107

Access Statistics for this article

More articles in Austrian Economic Quarterly from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Ilse Schulz ().

 
Page updated 2019-08-20
Handle: RePEc:wfo:wquart:y:1996:i:2:p:97-107