Enlarging the European Union A Computable General Equilibrium Assessment of Different Integration Scenarios of Central and Eastern Europe
European politics has provided clear signals: the next round in the process of EU enlargement with the accession of the Central and Eastern European countries (CEEC) will come. Since expectations concerning the costs and benefits of integration are varied, it is our aim to contribute to this discuss...
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| Main Author: | |
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| Format: | Electronic Book Chapter |
| Language: | English |
| Published: |
Bern
Peter Lang International Academic Publishers
2018
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| Series: | Schriften zur Wirtschaftstheorie und Wirtschaftspolitik
20 |
| Subjects: | |
| Online Access: | OAPEN Library: download the publication OAPEN Library: description of the publication |
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| Summary: | European politics has provided clear signals: the next round in the process of EU enlargement with the accession of the Central and Eastern European countries (CEEC) will come. Since expectations concerning the costs and benefits of integration are varied, it is our aim to contribute to this discussion by undertaking an empirical assessment of integration. Firstly the extent of potential free labour mobility between the CEEC and the EU is assessed using an econometric model. On that basis, different integration scenarios, i.e. trade liberalisation, capital transfers and labour migration are simulated using a computable general equilibrium model. Our results suggest that migration flows will be moderate and that integration is likely to cause positive welfare effects in the CEEC and negligible effects in the EU. |
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| Physical Description: | 1 electronic resource (210 p.) |
| ISBN: | b13694 9783631751350 |
| Access: | Open Access |