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Author:Bluffstone, R.
Semeniene, D.
Jantzen, J.
Title:How much will it cost to join the club? The extra costs of approximating Lithuanian environmental laws with those of the European Union
Journal:Environmental and Resource Economics
2003 : OCT, VOL. 26:2, p. 279-303
Index terms:Environmental economics
European Union
Pollution control
Legislation
Costs
Lithuania
Freeterms:Abatement
Language:eng
Abstract:The authors present estimates of costs associated with approximating Lithuania environmental protection legislation with that of the European Union (EU). In 2015, annualized costs are estimated to be approximately €500 million, but these costs are only part of the total costs of approximation. Assuming an annual growth of GDP of 2.0 % per year implies that approximation with the fifteen directives analyzed will cost roughly 3,5 % of GDP in 2015.
SCIMA record nr: 253030
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