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Die Handelseffekte der österreichischen EU-Mitgliedschaft 25 Jahre nach der Volksabstimmung

Harald Oberhofer () and Gerhard Streicher ()

No VII-002, FIW Research Reports series from FIW

Abstract: On 12th 1994, Austria held a referendum on its potential accession to the European Union. 66.6% of the participants voted in favor of an EU membership and, as a consequence, Austria joined the EU at 1st of January 1995. 25 years after Austria's membership referendum, this study quantifies the trade and welfare effects induced by Austrians EU membership. In a first step and by making use of a gravity model, the study calculates the trade effects of Austria’s EU membership. Accordingly, in the long-run Austria trades about 46% more goods with the other EU member states. This trade effect is then implemented into WIFO’s Adagio Input-Output model in order to assess the GDP, employment and price effects of Austria’s EU membership. The findings suggest that Austria’s real GDP grew by about 0.7% annually faster due to Austria’s decision to join the EU.

Keywords: EU-Mitgliedschaft; Österreich; Handelseffekte; Wirtschaftswachstum (search for similar items in EconPapers)
JEL-codes: F14 F15 F17 F43 (search for similar items in EconPapers)
Pages: 34
Date: 2019-04
New Economics Papers: this item is included in nep-ger
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