Arbeitspapier
Possible Economic Outcomes of a Trade Agreement with the European Union
This paper investigates the possible economic effects of Russia-EU free trade agreement, implying a mutual zero import tariffs in the trade of the Customs Union and the EU. Analysis of the effects is made using CGE Globe v1 model. We estimate the impact of an FTA on the economies, both at the level of the entire economy and at the industry level. The sensitivity analysis is made. It is shown that, in both relative and absolute terms, Russia potentially more benefits from the agree-ment than the EU. The cumulative gain of the CU is strictly positive, but the benefits and costs are unevenly distributed among its members, with negative effect for Belarus.
- Language
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Englisch
- Bibliographic citation
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Series: Gaidar Institute for Economic Policy Working Papers ; No. 0107
- Classification
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Wirtschaft
Computable General Equilibrium Models
Economic Integration
Trade: Forecasting and Simulation
- Subject
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Customs Union
European Union
Free Trade Agreement
CGE
- Event
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Geistige Schöpfung
- (who)
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Knobel, Alexander
Chokaev, Bekhan
- Event
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Veröffentlichung
- (who)
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Gaidar Institute for Economic Policy
- (where)
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Moscow
- (when)
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2014
- Handle
- Last update
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28.04.2025, 12:32 AM CEST
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Knobel, Alexander
- Chokaev, Bekhan
- Gaidar Institute for Economic Policy
Time of origin
- 2014