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N° 2003-10 |
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| August |
| The Impact of EU Enlargement on Member
States: a CGE Approach |
Hedi Bchir
Lionel Fontagné
Paolo Zanghieri |
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| This paper seeks to analyse the impact of
European Union enlargement on accession countries and current EU as a whole,
using a Computable General Equilibrium Model. Our aim is to provide an assessment
of the impact of enlargement on the size and efficiency of firms and the
varieties of products offered to consumers on the one side, quantify the
macroeconomic effects in terms of welfare and factor prices (in particular
wages) and gauge which sectors will be most heavily affected and in which
countries production is more likely to relocate. We find that, all in all
the impact on current EU members is negligible, whereas accession countries
will face huge, and not always beneficial consequences. We also find that
Copenhagen CAP agreements will play a crucial role. |
Abstract |
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| European integration; enlargement; CGE modelling;
transition economies |
Keywords |
| F15; F14; F17 |
JEL classification |
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