IDEAS home Printed from https://ideas.repec.org/a/jes/wpaper/y2020v12i3p198-212.html
   My bibliography  Save this article

Impact of the EU Deep and Comprehensive Free Trade Area Agreements on Trade Performance of Georgia and Moldova

Author

Listed:
  • Emir ETERIA

    (Associate professor at Caucasus University, Georgia)

Abstract

The paper aims to analyse the effects in the trade performance of Georgia and Moldova in light of the Deep and Comprehensive Free Trade Area (DCFTA) agreements with the EU. Hence, data for the period 2010-2019 is analysed to reveal the latest developments in the trade performance of these countries. The conducted analysis points to some positive developments in the trade of Georgia and Moldova with the EU for 2015-2019, however, compared to 2010-2014 or pre-DCFTA period the average annual growth rate of exports of both countries declined. Moreover, Georgia’s success to increase exports to the EU remain relatively modest as compared to Moldova. Therefore, Moldova has achieved more deep trade integration with the EU than Georgia. Furthermore, the effect of DCFTAs on trade relations between Georgia and Moldova is not substantial, and therefore, increased economic integration between the EU associated countries is not yet evident.

Suggested Citation

  • Emir ETERIA, 2020. "Impact of the EU Deep and Comprehensive Free Trade Area Agreements on Trade Performance of Georgia and Moldova," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 12(3), pages 198-212, December.
    • Handle: RePEc:jes:wpaper:y:2020:v:12:i:3:p:198-212
    as

    Download full text from publisher

    File URL: https://ceswp.uaic.ro/articles/CESWP2020_XII3_ETE.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Andreas Dür & Leonardo Baccini & Manfred Elsig, 2014. "The design of international trade agreements: Introducing a new dataset," The Review of International Organizations, Springer, vol. 9(3), pages 353-375, September.
    2. Annette Bongardt & Francisco Torres, 2018. "What Should Be the EU’s Approach to Global Trade?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 53(5), pages 245-249, September.
    3. A. Adarov, P. Havlik, 2017. "Challenges of DCFTAs: How can Georgia, Moldova and Ukraine succeed?," Economy and Forecasting, Valeriy Heyets, issue 4, pages 7-38.
    4. Panagiota MANOLI, 2013. "Political Economy aspects of Deep and Comprehensive Free Trade Agreements," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4, pages 51-73, December.
    5. Dür, Andreas & Baccini, Leonardo & Elsig, Manfred, 2014. "The design of international trade agreements: introducing a new dataset," LSE Research Online Documents on Economics 59179, London School of Economics and Political Science, LSE Library.
    6. Diana PERJU & Rodica CRUDU, 2019. "The Evolution of Economic Relations Between the Republic of Moldova and the European Union in the Period of 2007-2018," CSIE Working Papers, Center for Studies in European Integration (CSEI), Academy of Economic Studies of Moldova (ASEM), issue 12, pages 67-83, June.
    7. Amat Adarov & Peter Havlik, 2017. "Challenges of DCFTAs: How can Georgia, Moldova and Ukraine succeed?," wiiw Policy Notes 18, The Vienna Institute for International Economic Studies, wiiw.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wani, Mr. Nassir Ul Haq & Rehman, Mr. Noor, 2017. "Determinants of FDI in Afghanistan: An Empirical Analysis," MPRA Paper 81975, University Library of Munich, Germany, revised 03 May 2016.
    2. Rahel Aichele & Gabriel Felbermayr, 2016. "The Trans-Pacific Partnership Deal (TPP): What Are the Economic Consequences for In- and Outsiders?," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 16(04), pages 53-64, January.
    3. Cornelius Hirsch & Harald Oberhofer, 2017. "Bilateral Trade Agreements and Trade Distortions in Agricultural Markets?," WIFO Working Papers 531, WIFO.
    4. Kox, Henk L.M. & Rojas Romasgosa, Hugo, 2019. "Gravity estimations with FDI bilateral data: Potential FDI effects of deep preferential trade agreements," MPRA Paper 96318, University Library of Munich, Germany.
    5. Wen Yue & Qingxia Lin & Siyu Xu, 2023. "Investment effect of regional trade agreements: an analysis from the perspective of heterogeneous agreement provisions," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-13, December.
    6. Mariam Camarero & Sergi Moliner & Cecilio Tamarit, 2021. "Is there a euro effect in the drivers of US FDI? New evidence using Bayesian model averaging techniques," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 157(4), pages 881-926, November.
    7. Matteo Fiorini & Bernard Hoekman, 2020. "EU services trade liberalization and economic regulation: Complements or substitutes?," The Review of International Organizations, Springer, vol. 15(1), pages 247-270, January.
    8. Felbermayr, Gabriel & Teti, Feodora & Yalcin, Erdal, 2019. "Rules of origin and the profitability of trade deflection," Journal of International Economics, Elsevier, vol. 121(C).
    9. Campi, Mercedes & Dueñas, Marco, 2019. "Intellectual property rights, trade agreements, and international trade," Research Policy, Elsevier, vol. 48(3), pages 531-545.
    10. Sébastien Miroudot & Davide Rigo, 2019. "Preferential Trade Agreements and Multinational Production," RSCAS Working Papers 2019/14, European University Institute.
    11. Schneider, Sophie Therese, 2018. "North-South trade agreements and the quality of institutions: Panel data evidence," Hohenheim Discussion Papers in Business, Economics and Social Sciences 27-2018, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
    12. repec:wsr:ecbook:2021:i:vii-006 is not listed on IDEAS
    13. Hinnerk Gnutzmann & Arevik Gnutzmann‐Mkrtchyan, 2019. "The silent success of customs unions," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 52(1), pages 178-224, February.
    14. Patricia AUGIER & Olivier CADOT & Marion DOVIS, 2016. "Regulatory harmonization, profits, and productivity: Firm-level evidence from Morocco," Working Papers P162, FERDI.
    15. Katharina Längle, 2020. "Upgrading of Exports: Does the Integration into Trade Agreements Pave the Way to Product Upgrading?," Documents de travail du Centre d'Economie de la Sorbonne 20006, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    16. Kolcava, Dennis & Nguyen, Quynh & Bernauer, Thomas, 2019. "Does trade liberalization lead to environmental burden shifting in the global economy?," Ecological Economics, Elsevier, vol. 163(C), pages 98-112.
    17. Mulabdic, Alen & Rotunno, Lorenzo, 2022. "Trade barriers in government procurement," European Economic Review, Elsevier, vol. 148(C).
    18. Benz, Sebastian & Jaax, Alexander, 2019. "Quantifying the costs of regulatory barriers to trade in services: New estimates of ad valorem equivalents based on the OECD STRI," Conference papers 333096, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    19. Perez-Restrepo, Camilo & Roldan-Perez, Adriana, 2016. "Is the Pacific Alliance a Potential Pathway to the Free Trade Area of the Asia-Pacific?," Philippine Journal of Development PJD 2014-2015 Vol. 41-42 , Philippine Institute for Development Studies.
    20. Federico Carril‐Caccia & Elena Pavlova, 2020. "Mergers and acquisitions & trade: A global value chain analysis," The World Economy, Wiley Blackwell, vol. 43(3), pages 586-614, March.
    21. Benz, Sebastian & Jaax, Alexander, 2022. "The costs of regulatory barriers to trade in services: New estimates of ad valorem tariff equivalents," Economics Letters, Elsevier, vol. 212(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jes:wpaper:y:2020:v:12:i:3:p:198-212. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alupului Ciprian (email available below). General contact details of provider: https://edirc.repec.org/data/csjesro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.