Please use this identifier to cite or link to this item:
http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19232| Title: | Eastern Enlargement of the EU : A Comprehensive Welfare Assessment |
| Keywords: | F12 F22 F02 F15 F13 ddc:330 EU Enlargement Economic Integration Commercial Policy Migration Welfare Analysis Computable General Equilibrium Search Unemployment EU-Erweiterung Wohlfahrtseffekt Allgemeines Gleichgewicht EU-Binnenmarkt Öffentlicher Haushalt Internationale Arbeitsmobilität Theorie EU-Staaten Osteuropa |
| Issue Date: | 16-Oct-2013 |
| Description: | This paper takes a welfare-view on eastern enlargement of the EU, focusing on incumbent countries. Enlargement is decomposed into three elements: Single-market integration on commodity markets, budgetary costs from EU-expenditure policies, and singlemarket- induced migration from new to present member countries. I first use an analytical model to derive a welfare equation that identifies the principle channels for incumbent country welfare gains and losses from enlargement, including product differentiation, capital accumulation, and unemployment due to search-costs. I then propose a method that allows to extend welfare results obtained from a detailed calibrated version of this model for Germany to other incumbent countries. The approach relies on model elasticities extracted from the German model which are then applied to other countries´ idiosyncratic "enlargement-shocks". Constructing detailed indices for such country specific "enlargement-shocks", I arrive at characteristic inter-country pattern of enlargement- induced welfare effects for all EU15 countries. Aggregating these across countries reveals enlargement to be beneficial for the union as a whole, although several countries stand to suffer welfare losses. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/19232 |
| Other Identifiers: | http://hdl.handle.net/10419/19232 ppn:379939762 RePEc:zbw:hwwadp:26377 |
| Appears in Collections: | EconStor |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.