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Does Abolishing Tariffs in Bilateral Trade Matter for a Country’s Economic Growth? The Impact of the EU–Ukraine DCFTA

Authors

NEKHAY, OLEXANDR, DELGADO LÓPEZ, MARÍA DEL CARMEN, CARDENETE FLORES, MANUEL ALEJANDRO

External publication

No

Means

Eur. Asia Stud.

Scope

Article

Nature

Científica

JCR Quartile

SJR Quartile

JCR Impact

1.18

SJR Impact

0.494

Publication date

01/01/2021

ISI

000567193700001

Scopus Id

2-s2.0-85090456805

Abstract

In the present study, a GTAP CGE model is used to assess three proposed scenarios for the DCFTA between the EU and Ukraine, one for unilateral trade liberalisation, another for bilateral trade liberalisation with exemptions from free trade and a third for bilateral trade liberalisation without exemptions from free trade. The main point of distinction of this study is the inclusion of exemptions from free trade in the first two simulated scenarios and the possibility of a quantitative evaluation of exemptions from free trade through the differences between scenarios 3 and 2. © 2020 University of Glasgow.

Keywords

bilateral agreement; economic growth; European Union; free trade; quantitative analysis; tariff structure; trade liberalization; Ukraine