Effects of Serbian accession to the European Union
In this article, the global simulation model (GSIM) of Joseph F. Francois and Keith H. Hall (2009) for analyzing global, regional, and unilateral trade policy changes was applied to Serbia. This was to measure the effects of full trade liberalization with the EU after Serbian accession to the EU....
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Economists' Association of Vojvodina
2012-01-01
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| Series: | Panoeconomicus |
| Subjects: | |
| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2012/1452-595X1203355H.pdf |
| _version_ | 1818023956629684224 |
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| author | Holzner Mario Ivanić Valentina |
| author_facet | Holzner Mario Ivanić Valentina |
| author_sort | Holzner Mario |
| collection | DOAJ |
| description | In this article, the global simulation model (GSIM) of Joseph F. Francois and Keith H. Hall (2009) for analyzing global, regional, and unilateral trade policy changes was applied to Serbia. This was to measure the effects of full trade liberalization with the EU after Serbian accession to the EU. As anticipated, most of the changes in welfare after full liberalization of trade between Serbia and EU can be expected in sectors where Serbia has specialized; protection against imports from the EU is strong. However, losses could also occur in sectors that currently face strong protection against the rest of the world and this protection is lost after EU accession. Trade liberalization will lead to a substantial loss of tariff revenues. Reduced consumer prices might, on the one hand increase consumer surplus but on the other hand decrease producer surplus and output in certain industries. |
| first_indexed | 2024-12-10T03:52:34Z |
| format | Article |
| id | doaj.art-8c7bf2682f804f27908eb555dc69f80a |
| institution | Directory Open Access Journal |
| issn | 1452-595X |
| language | English |
| last_indexed | 2024-12-10T03:52:34Z |
| publishDate | 2012-01-01 |
| publisher | Economists' Association of Vojvodina |
| record_format | Article |
| series | Panoeconomicus |
| spelling | doaj.art-8c7bf2682f804f27908eb555dc69f80a2022-12-22T02:03:12ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2012-01-0159335536710.2298/PAN1203355HEffects of Serbian accession to the European UnionHolzner MarioIvanić ValentinaIn this article, the global simulation model (GSIM) of Joseph F. Francois and Keith H. Hall (2009) for analyzing global, regional, and unilateral trade policy changes was applied to Serbia. This was to measure the effects of full trade liberalization with the EU after Serbian accession to the EU. As anticipated, most of the changes in welfare after full liberalization of trade between Serbia and EU can be expected in sectors where Serbia has specialized; protection against imports from the EU is strong. However, losses could also occur in sectors that currently face strong protection against the rest of the world and this protection is lost after EU accession. Trade liberalization will lead to a substantial loss of tariff revenues. Reduced consumer prices might, on the one hand increase consumer surplus but on the other hand decrease producer surplus and output in certain industries.http://www.doiserbia.nb.rs/img/doi/1452-595X/2012/1452-595X1203355H.pdfcost of protectionpartial equilibrium modeltrade policy modellingSerbia |
| spellingShingle | Holzner Mario Ivanić Valentina Effects of Serbian accession to the European Union Panoeconomicus cost of protection partial equilibrium model trade policy modelling Serbia |
| title | Effects of Serbian accession to the European Union |
| title_full | Effects of Serbian accession to the European Union |
| title_fullStr | Effects of Serbian accession to the European Union |
| title_full_unstemmed | Effects of Serbian accession to the European Union |
| title_short | Effects of Serbian accession to the European Union |
| title_sort | effects of serbian accession to the european union |
| topic | cost of protection partial equilibrium model trade policy modelling Serbia |
| url | http://www.doiserbia.nb.rs/img/doi/1452-595X/2012/1452-595X1203355H.pdf |
| work_keys_str_mv | AT holznermario effectsofserbianaccessiontotheeuropeanunion AT ivanicvalentina effectsofserbianaccessiontotheeuropeanunion |