Bericht
Impact of Croatian EU Accession on Regional Trade Patterns
This report aims to analyse the regional trade effects of Croatia's accession to the EU and simultaneous exit from the CEFTA agreement on 1st July 2013. The Global Simulation Model (GSIM) as proposed by Francois and Hall (2003) is being applied. As the change in Croatian tariff protection is rather small, price and output changes for most CEFTA countries are expected to be mostly negligible. Only for Croatia the simulation suggests that overall consumer prices might fall by as much as 0.39% and real output by 0.41%, in the short run. However, it can be expected that EU support funds will offset that loss many times over. The share of Croatian exports to the EU is expected to increase by 2.2 percentage points, while the share of exports to the CEFTA countries and to the rest of the world is expected to drop by 0.7 and 1.5 percentage points, respectively.
- Language
-
Englisch
- Bibliographic citation
-
Series: Policy Notes and Reports ; No. 10
- Classification
-
Wirtschaft
Economic Integration
Trade: Forecasting and Simulation
Socialist Institutions and Their Transitions: International Trade, Finance, Investment, Relations, and Aid
- Subject
-
trade policy simulation
Croatia
EU accession
CEFTA
- Event
-
Geistige Schöpfung
- (who)
-
Holzner, Mario
- Event
-
Veröffentlichung
- (who)
-
The Vienna Institute for International Economic Studies (wiiw)
- (where)
-
Vienna
- (when)
-
2013
- Handle
- Last update
-
28.03.20252025, 6:01 AM CET
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
- Bericht
Associated
- Holzner, Mario
- The Vienna Institute for International Economic Studies (wiiw)
Time of origin
- 2013
Other Objects (12)
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Croatian accession to the European Union: institutional challenges
Croatian accession to the European Union: institutional challenges
EU export specialization patterns in selected accession countries
Vertical Intra-industry Trade between EU and Accession Countries
Vertical intra-industry trade between EU and Accession Countries
The event of Croatia's EU accession and membership from the Croatian high school students' perspective
Croatian accession to the European Union: economic and legal challenges
Croatian accession to the European Union: the challenges of participation
Croatian accession to the European Union: economic and legal challenges
Trade integration and Croatian accession to the European Union
Trade integration and Croatian accession to the European Union
Croatian Regional Strategy in the Framework of the EU Accession Process
Croatian accession to the European Union: institutional challenges
Croatian accession to the European Union: institutional challenges
EU export specialization patterns in selected accession countries
Vertical Intra-industry Trade between EU and Accession Countries
Vertical intra-industry trade between EU and Accession Countries
The event of Croatia's EU accession and membership from the Croatian high school students' perspective
Croatian accession to the European Union: economic and legal challenges
Croatian accession to the European Union: the challenges of participation