The Costs of EU Club Membership: Agri-Food and Economy-Wide Impacts in Croatia
Philippidis, G., Boulanger, P., Ferrari, E., Michelak, J., Resano, H., Sanjuán, A.I., Vinyes, C. (2015) The Costs of EU Club Membership: Agri-Food and Economy-Wide Impacts in Croatia, Post-Communist Economies, 27(1), pp60-75.
Over the last 25 years Croatia’s transition from a war-torn region of the former
Yugoslavia to a fully independent nation has left a lasting mark. In 2013 Croatia took
another step toward peace and stability by becoming the 28th member of the European
Union (EU). Employing a quantitative framework to examine the economic impact of
Croatian accession, results show that agricultural transfer payments are a key
component of the accession deal, whilst a ‘deep integration’ scenario yields significant
Croatian real income gains. Finally, comparing EU market access via tariff and nontariff
shocks, in Croatian agro-food sectors the former has a greater impact on output.
Over the last 25 years Croatia’s transition from a war-torn region of the former
Yugoslavia to a fully independent nation has left a lasting mark. In 2013 Croatia took
another step toward peace and stability by becoming the 28th member of the European
Union (EU). Employing a quantitative framework to examine the economic impact of
Croatian accession, results show that agricultural transfer payments are a key
component of the accession deal, whilst a ‘deep integration’ scenario yields significant
Croatian real income gains. Finally, comparing EU market access via tariff and nontariff
shocks, in Croatian agro-food sectors the former has a greater impact on output.