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

Europe's Economy Looks East, edited by Stanley W. Black, Cambridge University Press

Posted: 5 Aug 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

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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: F15

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. Europe's Economy Looks East, edited by Stanley W. Black, Cambridge University Press, Available at SSRN: https://ssrn.com/abstract=112688

Drusilla K. Brown

Tufts University - Department of Economics ( email )

Medford, MA 02155
United States
617-627-3096 (Phone)
617-627-3917 (Fax)

Alan V. Deardorff

University of Michigan at Ann Arbor - Department of Economics ( email )

611 Tappan Street
458 Lorch Hall
Ann Arbor, MI 48109-1220
United States
313-764-6817 (Phone)
313-764-2769 (Fax)

University of Michigan at Ann Arbor - Gerald R. Ford School of Public Policy ( email )

735 South State Street, Weill Hall
Ann Arbor, MI 48109
United States

Simeon Djankov

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

Peter G. Peterson Institute for International Economics ( email )

1750 Massachusetts Avenue, NW
Washington, DC 20036
United States

Robert M. Stern (Contact Author)

University of Michigan at Ann Arbor - Department of Economics ( email )

611 Tappan Street
Ann Arbor, MI 48109-1220
United States
313-764-2373 (Phone)
313-763-9181 (Fax)

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