This paper estimates the effects on Greek export performance that caused by the EU accession. A simultaneous equations model of export demand and export supply is used in order to avoid the simultaneity problem. Comparative static analysis and the residuals approach have been implemented. The results indicate that EU accession had a negative effect on the country’s export performance, instead of improving it. One of the reasons for this effect is that the export subsidies, during the time period that they were available, just improved the exporters’ revenues and were not used for creating new comparative advantages for the Greek products.
