An Initial Estimation of the Economic Effects of the Creation of the EurAsEC Customs Union on Its Members

This note provides an initial estimation of some of the economic effects of creating the Eurasian Economic Community (EurAsEC) customs union. Relying on the computable general equilibrium model from the Global Trade Analysis Project (GTAP), results of the simulations consistently support the conclusion that, as an arrangement, the EurAsEC customs union (CU) would be a GDP-reducing framework in which the negative trade-diversion effects surpass positive trade-creation ones.

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Year of publication:	2011
Authors:	Vinhas de Souza, Lúcio
Published in:	World Bank - Economic Premise. - Poverty Reduction and Economic Management Network (PREM). - 2011, 47, p. 1-7
Publisher:	Poverty Reduction and Economic Management Network (PREM)
Subject:	trade \| customs union \| Russia \| East Europe \| EU \| WTO \| EurAsEC \| Global Trade Analysis Project \| GDP

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	F1 - Trade ; F4 - Macroeconomic Aspects of International Trade and Finance ; F10 - Trade. General ; F13 - Commercial Policy; Protection; Promotion; Trade Negotiations ; F15 - Economic Integration
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008828361