@techreport{ae052fa43b9d4b6d8b745492222360c4,
title = "The Economic Effects of Croatia's Accession to the EU",
abstract = "We explore the economic implications of the possible accession of Croatia to the European Union. We focus on two main changes associated with the EU-membership: accession to the internal European Market and institutional reforms in Croatia triggered by the EU-membership. consumption per capita in Croatia is estimated to rise by about 2.5 percent as a result of accession to the internal market. In particular the textile and wearing apparel sectors expand. If Croatia succeeds in reforming its domestic institutions in response to the EU-membership, income levels in Croatia could increase even more. In particular, tentative estimates suggest that GDP per capita in Croatia could even rise by additional 8 percent. Overall, the macroeconomic implications for the existing EU countries are negligible. -- Regional economic integration ; general equilibrium model ; gravity equations ; institutional reform ; Croatia",
keywords = "Wirkungsanalyse, Kroatien, Institutioneller Wandel, EU-Erweiterung, EU-Staaten, Europ{\"a}ische Integration, Makro{\"o}konomischer Einfluss",
author = "Arjan Lejour and Andrea Mervar and Gerard Verweij",
year = "2008",
language = "English",
series = "Economics Discussion Paper",
publisher = "Kiel Inst. for the World Economy]",
type = "WorkingPaper",
institution = "Kiel Inst. for the World Economy]",
}