Artikel

The Trade Effects of the Economic Partnership Agreements between the European Union and the African, Caribbean and Pacific Group of States: Early Empirical Insights from Panel Data*

This study provides early ex‐post empirical evidence on the effects of provisionally applied Economic Partnership Agreements (EPAs) on trade flows between the European Union (EU) and the African, Caribbean and Pacific Group of States (ACP). Employing the gravity model of trade, we do not find a general EPA effect on trade between ACP countries and the EU, but identify heterogeneous effects across specific agreements and economic sectors. While the CARIFORUM‐EU EPA rather reduced imports from the EU overall, other EPAs seem to have partly increased EU imports, particularly for the Southern Africa Development Community (SADC) EPA partner countries. On the sectoral level, by comparison, we find increases in the EU's agricultural exports to SADC, Eastern and Southern Africa (ESA) and the Pacific. In the area of manufactures trade, we find decreases of exports of the ESA and SADC countries to the EU, but increases in EU imports for SADC countries.

Language
Englisch

Bibliographic citation
Journal: JCMS: Journal of Common Market Studies ; ISSN: 1468-5965 ; Volume: 59 ; Year: 2021 ; Issue: 6 ; Pages: 1495-1515

Classification
Wirtschaft
Subject
Cotonou partnership agreement
Economic Partnership Agreements
EU trade policy
gravity model of trade

Event
Geistige Schöpfung
(who)
Stender, Frederik
Berger, Axel
Brandi, Clara
Schwab, Jakob
Event
Veröffentlichung
(who)
Wiley
(where)
Hoboken, NJ
(when)
2021

DOI
doi:10.1111/jcms.13201
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Stender, Frederik
  • Berger, Axel
  • Brandi, Clara
  • Schwab, Jakob
  • Wiley

Time of origin

  • 2021

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