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This paper analyzes the demand for manufactures in Greece and estimates the effects from the EU accession. An error correction specification of the Almost Ideal Demand System has been used. This formulation performs well on theoretical grounds, as the restrictions that are imposed by the demand...
Persistent link: https://www.econbiz.de/10004984430
This paper estimates the effects on Greek trade balance due to the EU accession. The analytical and the residuals approach were implemented. A full trade model was used, since Greece relies on imported inputs for export production and a standard model of trade may not be appropriate for the...
Persistent link: https://www.econbiz.de/10004991205
This paper evaluates the effects of Greece?s accession to the EU on imports of manufactures and static welfare. A dynamic specification of the Almost Ideal Demand System (AIDS) based on cointegration techniques and error correction models, is used. Based on Greek trade data we find that this...
Persistent link: https://www.econbiz.de/10004991213
This paper analyzes the demand for manufactures in Greece and estimates the effects from the EU accession. An error correction specification of the Almost Ideal Demand System has been used. This formulation performs well on theoretical grounds, as the restrictions that are imposed by the demand...
Persistent link: https://www.econbiz.de/10005040066