ANALYSIS OF THE IMPACT OF THE CETA TRADE AGREEMENT BETWEEN THE EU AND CANADA ON THE SLOVAK ECONOMY

• Autorzy: Dovaľová Gabriela , Hošoff Boris , Kališ Richard , Lábaj Martin , Stracová Erika
• Języki publikacji: EN

Abstrakty

EN

This paper is focused on the impact arising from the conclusion of the Comprehensive Economic and Trade Agreement (CETA) between the European Union and Canada on the Slovak economy, with an emphasis on the automotive industry, machinery industry and electronics industry. Its aim is to estimate the direct as well as indirect effects generated by changes in international trade on Slovakia’s value added, exports and employment, using the multi-regional input-output model. Based on different variants of development, it is expected that the average impact of CETA on the Slovak economy, as a result of the removal of the tariff barriers, will amount to 0.013% GDP, while the impact on job creation was estimated at 0.012% of the total employment. Removing the tariff barriers should lead to an increase in exports to Canada on average by 8%, in the event of a strong reaction to a price drop even by 18%.

Słowa kluczowe

EN

CETA; SLOVAKIA; CANADA; INTERNATIONAL TRADE; EUROPEAN UNION; SLOVAK ECONOMY

• Wydawca: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Czasopismo: Ekonomický časopis (Journal of Economics)
• Rocznik: 2018
• Tom: 66
• Numer: 8
• Strony: 771 – 797

Twórcy

autor

Dovaľová Gabriela

• Institute of Economic Research SAS, Šancová 56, 811 05 Bratislava 1, Slovak Republic,

autor

Hošoff Boris

autor

Kališ Richard

autor

Lábaj Martin

autor

Stracová Erika