The Economic Effects of Croatia's Accession to the EU

Arbeitspapier

We explore the economic implications of the possible accession of Croatia to the European Union. We focus on two main changes associated with the EU-membership: accession to the internal European Market and institutional reforms in Croatia triggered by the EU-membership. consumption per capita in Croatia is estimated to rise by about 2.5% as a result of accession to the internal market. In particular the textile and wearing apparel sectors expand. If Croatia succeeds in reforming its domestic institutions in response to the EU-membership, income levels in Croatia could increase even more. In particular, tentative estimates suggest that GDP per capita in Croatia could even rise by additional 8%. Overall, the macroeconomic implications for the existing EU countries are negligible.

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• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Economics Discussion Papers ; No. 2008-6

Classification and Topics

• Classification: Wirtschaft ; Economic Integration ; Trade Policy; International Trade Organizations
• Subject: Regional economic integration ; General equilibrium model ; Gravity equations ; Institutional reform ; Croatia ; EU-Erweiterung ; Europäische Integration ; Institutioneller Wandel ; Makroökonomischer Einfluss ; Wirtschaftspolitische Wirkungsanalyse ; Kroatien ; EU-Staaten

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Lejour, Arjan Marcel ; Mervar, Andrea ; Verweij, Gerard
• Event: Veröffentlichung
• (who): Kiel Institute for the World Economy (IfW)
• (where): Kiel
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/17978