Assessing the Trade Impact of the European Neighborhood Policy on EU-MED Free Trade Area

Pierluigi Montalbano () and Silvia Nenci ()

No 147, Departmental Working Papers of Economics - University 'Roma Tre' from Department of Economics - University Roma Tre

Abstract: The main goal of this article is to provide an ex ante assessment of the long-run average treatment e¤ect of ENP on EU-MED FTA. The novelty of this work is twofold: to present nonparametric matching estimators along with gravity estimates; to assume, as a counterfactual, the ex-post treatment e¤ect of the EAs. Our empirical outcomes show a strong and robust impact on EU-MED trade integration of the new "deep integra- tion" e¤orts made by the EU. This empirical evidence is relevant both to policymaking and to strengthen the empirical assessment of the EU "policy impact" in the Mediterranean Area.

Keywords: Trade policy; European integration; Gravity Model; Match- ing econometrics; Southern Mediterranean Countries (search for similar items in EconPapers)
JEL-codes: F13 F15 F17 (search for similar items in EconPapers)
Pages: 35
Date: 2012-02
New Economics Papers: this item is included in nep-eur and nep-int
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Related works:
Journal Article: Assessing the trade impact of the European Neighbourhood Policy on the EU-MED Free Trade Area (2014)
Working Paper: Assessing the Trade Impact of the European Neighborhood Policy on EU-MED Free Trade Area (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:rtr:wpaper:0147

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