61-79

• Κουκουριτάκης, Μίνωας

This paper estimates the effects on the Greek trade balance that were caused by the EU accession. A full trade model was used, since the country relies on imported inputs for export production. The residuals approach was implemented. The gradual liberalization of Greek trade through the abolition of tariffs, quotas, financial stringencies and export subsidies, and the harmonization of the indirect tax system, which took place over the 1981-1992 period, led to a substantial increase in the country’s trade deficit. This impact was mainly caused by the large increase in imports, as the effect of accession on exports was quite small.

• Economics and Business
• Computer and information sciences

• Commerce
• Economic development
• Statistics

EU accession, trade liberalization, residuals approach, anti-monde, trade balance

Περιέχει διάγραμμα, πίνακες και βιβλιογραφία, I would like to thank Professors Theodore Georgakopoulos, Michael Michael, and two anonymous referees for their constructive suggestions and helpful comments. All the remaining errors are my own., JEL Classification: C30, F13, F15