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Trade Policies and Integration of the Western Balkans

Author

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  • Oliver Reiter

    (The Vienna Institute for International Economic Studies, wiiw)

  • Robert Stehrer

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

Based on a newly constructed multi-country input-output table including all European countries, we estimate the economic effects of the EU accession countries entering the ‘Stabilisation and Association Agreement’ (SAA) with the EU and the potential effects of joining the European Single Market applying a structural gravity framework. The results point towards strong positive effects on trade for the SAA countries, but only small effects for the EU Member States. Conducting a counterfactual analysis, the paper gives an indication of the magnitude of the positive impacts on GDP for these countries. In addition, a detailed industry breakdown of these effects is provided.

Suggested Citation

  • Oliver Reiter & Robert Stehrer, 2018. "Trade Policies and Integration of the Western Balkans," wiiw Working Papers 148, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:wpaper:148
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Oliver Reiter & Monika Schwarzhappel & Robert Stehrer, 2020. "Productivity and Competitiveness of the Western Balkan countries: An Analysis Based on the wiiw Western Balkan Productivity Database," wiiw Policy Notes 37, The Vienna Institute for International Economic Studies, wiiw.
    2. repec:wsr:ecbook:2020:i:vii-004 is not listed on IDEAS
    3. Julia Grübler & Oliver Reiter, 2020. "Non-tariff Trade Policy Analysis: An Ex-post Assessment of the EU-Korea Agreement," wiiw Working Papers 182, The Vienna Institute for International Economic Studies, wiiw.
    4. Oliver Reiter & Robert Stehrer, 2021. "Value Chain Integration of the Western Balkan Countries and Policy Options for the Post-COVID-19 Period," wiiw Policy Notes 48, The Vienna Institute for International Economic Studies, wiiw.
    5. Monika Szczerbak, 2019. "Rola audytu finansowego w wykrywaniu nadużyć gospodarczych," Nowoczesne Systemy Zarządzania. Modern Management Systems, Military University of Technology, Faculty of Security, Logistics and Management, Institute of Organization and Management, issue 1, pages 201-219.
    6. Julia Grübler & Oliver Reiter & Robert Stehrer, 2021. "On the new gold standard in EU trade integration: reviewing the EU-Japan EPA," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 48(3), pages 611-644, August.
    7. Julia Grübler & Oliver Reiter, 2020. "Greater than the sum of its parts? Does Austria profit from a widening network of EU free trade agreements?," FIW Research Reports series VII-004, FIW.
    8. Julia Gruebler, 2021. "China connecting Europe?," Asia Europe Journal, Springer, vol. 19(1), pages 77-101, December.
    9. Amat Adarov & Mahdi Ghodsi & Domenico M. Nuti & Oliver Reiter, 2018. "Monthly Report No. 7-8/2018," wiiw Monthly Reports 2018-07-08, The Vienna Institute for International Economic Studies, wiiw.
    10. Julia Grübler & Oliver Reiter, 2020. "Greater than the Sum of its Parts? How does Austria Profit from a Widening Network of EU Free Trade Agreements?," wiiw Working Papers 186, The Vienna Institute for International Economic Studies, wiiw.
    11. Krasniqi, Besnik & Ahmetbasić, Jasmina & Bartlett, Will, 2022. "Foreign direct investment and backward spillovers in the Western Balkans: the context, opportunities and barriers to the development of regional supply chains," LSE Research Online Documents on Economics 115391, London School of Economics and Political Science, LSE Library.
    12. Eleftherios Giovanis & Sacit Hadi Akdede, 2021. "Integration Policies in Spain and Sweden: Do They Matter for Migrants’ Economic Integration and Socio-Cultural Participation?," SAGE Open, , vol. 11(4), pages 21582440211, October.

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    More about this item

    Keywords

    structural gravity; modelling; EU accession; Western Balkans; multi-country input-output table;
    All these keywords.

    JEL classification:

    • C54 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Quantitative Policy Modeling
    • C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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