Economics, Econometrics and Finance
8 years ago

Greece's EU Membership Boosts Trade, Reshapes Economic Landscape

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THE TRADE AND WELFARE EFFECTS OF GREEK MEMBERSHIP IN THE EU A Yardstick for the Associated Countries
Nicholas Tsounis

Paper Summary

The article examines the impact of Greece joining the EU on trade and welfare. It found that Greece's entry led to a net trade creation of $1.6 billion, with most of the trade creation happening within the EU. The study also showed that Greece's integration into the EU had mixed effects on different sectors, with minimal overall dynamic effects.

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