An Economic Assessment of the Integration of Czechoslovakia, Hungary, and Poland into the European Union

Brown, Drusilla K.; Deardorff, Alan V.; Djankov, Simeon; Stern, Robert M.

doi:10.2139/ssrn.112672

An Economic Assessment of the Integration of Czechoslovakia, Hungary, and Poland into the European Union

University of Michigan Discussion Paper No. 380

43 Pages Posted: 8 May 1998

See all articles by Drusilla K. Brown

Drusilla K. Brown

Tufts University - Department of Economics

Alan V. Deardorff

University of Michigan at Ann Arbor - Department of Economics; University of Michigan at Ann Arbor - Gerald R. Ford School of Public Policy

Simeon Djankov

London School of Economics & Political Science (LSE); Peter G. Peterson Institute for International Economics

Robert M. Stern

University of Michigan at Ann Arbor - Department of Economics

There are 2 versions of this paper

Date Written: October 3, 1995

Abstract

This paper is a study of the economic effects of the integration of the Central European Countries (CECs) into the European Union (EU). Our analysis of EU-CEC integration is based on a specially constructed version of the University of Michigan Computational General Equilibrium (CGE) Trade Model. We use this model to calculate the economic effects of EU-CEC integration on the trade, output, and employment by sector as well as the real returns to capital and labor and the economic welfare of the CECs, the EU members, and the other major trading country aggregates included in the model.

JEL Classification: F36, F41, P21

Suggested Citation: Suggested Citation

Brown, Drusilla K. and Deardorff, Alan V. and Deardorff, Alan V. and Djankov, Simeon and Stern, Robert M., An Economic Assessment of the Integration of Czechoslovakia, Hungary, and Poland into the European Union (October 3, 1995). University of Michigan Discussion Paper No. 380, Available at SSRN: https://ssrn.com/abstract=112672 or http://dx.doi.org/10.2139/ssrn.112672