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Expected Impact of EU-Vietnam Free Trade Agreement on Bulgaria’s Exports

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  • Hadjinikolov, Dimitar
  • Zhelev, Paskal

Abstract

In December 2015 the European Union reached an agreement on a free trade deal with Vietnam (EVFTA) that will contribute to further market access by eliminating nearly all tariffs on goods traded between the two economies. This paper aims to analyse the impact of EVFTA on Bulgaria’s exports to Vietnam. To this end, we calculate relevant trade indicators and employ a partial equilibrium model by using the Software on Market Analysis and Restrictions on Trade. The results show that EVFTA will provide opportunities for increase of Bulgaria’s exports to Vietnam with the highest positive impact on the products from the food, chemical and textile industries.

Suggested Citation

  • Hadjinikolov, Dimitar & Zhelev, Paskal, 2018. "Expected Impact of EU-Vietnam Free Trade Agreement on Bulgaria’s Exports," MPRA Paper 104532, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:104532
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    References listed on IDEAS

    as
    1. Iliyan Mateev, 2005. "Economic Relations of the European Union with East Asian Countries," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 80-94.
    2. Parikh, Ashok & Stirbu, Corneliu, 2004. "Relationship Between Trade Liberalisation, Economic Growth and Trade Balance: An Econometric Investigation," Discussion Paper Series 26267, Hamburg Institute of International Economics.
    3. Zhelev, Paskal, 2018. "Bulgarian-Chinese economic relations in the context of 16+1 Cooperation," MPRA Paper 104599, University Library of Munich, Germany.
    4. Mia Mikic & John Gilbert, 2007. "Trade Statistics In Policymaking - A Handbook Of Commonly Used Trade Indices And Indicators," STUDIES IN TRADE AND INVESTMENT, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number tipub2491, April.
    5. Svoboda Tosheva, 2011. "Bulgaria’S Trade And Economic Relations With The Developing Countries: Some Aspects And Perspectives," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 7(1), pages 72-78.
    6. Gabriel Felbermayr & Fukunari Kimura & Toshihiro Okubo & Marina Steininger & Erdal Yalcin, 2017. "On the economics of an EU-Japan Free Trade Agreement," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 86, September.
    7. Parikh, Ashok & Stirbu, Corneliu, 2004. "Relationship between Trade Liberalisation, Economic Growth and Trade Balance: An Econometric Investigation," HWWA Discussion Papers 282, Hamburg Institute of International Economics (HWWA).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Vietnam; Bulgaria; preferential trade; EU Trade Policy;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

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