Impact of economic partnership agreements: the case of EACs manufactured imports from EU
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This study uses a partial equilibrium model to analyse the impact of East African Community elimination of import duty on imports of manufactured products from the European Union on preferential basis under the proposed EAC-EU Economic Partnership Agreement. Results show possibility of a 9% increase of manufactured goods imports from EU into the EAC region. Imports from EU found to be likely to increase the most are those with higher tariffs of 25% or 10%. EAC tariff elimination is found to be likely to lead to lower prices for manufactured goods, leading to small consumption gains of about 0.03% of the regions GDP. We recommend that EAC countries take measures to improve the competiveness of their manufactured goods in order to compete with EUs manufactured products once the EAC-EU EPA comes into effect.
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How to Cite
Mbithi, M. L., Gor, S. O., & Osoro, K. O.. (2015). Impact of economic partnership agreements: the case of EACs manufactured imports from EU. International Journal of Business and Economic Development, Volume 03 Issue 2.
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APA
Mbithi, M. L., Gor, S. O., & Osoro, K. O.. (2015). Impact of economic partnership agreements: the case of EACs manufactured imports from EU. International Journal of Business and Economic Development, Volume 03 Issue 2.
MLA
Mbithi, Mary Lucia, et al.. "Impact of economic partnership agreements: the case of EACs manufactured imports from EU." International Journal of Business and Economic Development, Volume 03 Issue 2, 2015.
Chicago
Mary Lucia Mbithi, Seth Omondi Gor, and Kennedy Otwori Osoro. "Impact of economic partnership agreements: the case of EACs manufactured imports from EU." International Journal of Business and Economic Development Volume 03 Issue 2 (03 Sep 2015).
Harvard
Mbithi, M. L., Gor, S. O., & Osoro, K. O. (2015) Impact of economic partnership agreements: the case of EACs manufactured imports from EU. International Journal of Business and Economic Development, Volume 03 Issue 2
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