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Economic Growth and Convergence of EU Member States: An Empirical Investigation

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  • M-super-a Jes�s Delgado-Rodríguez
  • Inmaculada �lvarez-Ayuso

Abstract

The aim of this article is to construct a European production frontier using deterministic methods, and to break down growth and convergence during the period 1980-2001. The results show that EU growth is primarily driven by physical and human capital accumulation, the contribution of which is essential for the cohesion of European countries. We find capital accumulation and efficiency change to be important convergence factors within the EU, while technical change has worked against it. The approach used has also enabled us to analyze the differences in growth performance of Member States and highlight the role of human and public capital, supporting the European cohesion and development policies carried out in this period. Copyright � 2008 The Authors. Journal compilation � 2008 Blackwell Publishing Ltd.

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Review of Development Economics.

Volume (Year): 12 (2008)
Issue (Month): 3 (08)
Pages: 486-497

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Handle: RePEc:bla:rdevec:v:12:y:2008:i:3:p:486-497

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669

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Cited by:
  1. López-Pueyo, Carmen & Mancebón, María-Jesús, 2010. "Innovation, accumulation and assimilation: Three sources of productivity growth in ICT industries," Journal of Policy Modeling, Elsevier, vol. 32(2), pages 268-285, March.
  2. José M. Pastor & Lorenzo Serrano, 2012. "European Integration and Inequality among Countries: A Lifecycle Income Analysis," Review of International Economics, Wiley Blackwell, vol. 20(1), pages 186-199, 02.
  3. Mugera, Amin W. & Langemeier, Michael R. & Featherstone, Allen M., 2012. "Labor Productivity Growth in the Kansas Farm Sector: A Tripartite Decomposition Using a Non-Parametric Approach," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 41(3), December.
  4. Carmen López Pueyo & Mª Jesús Mancebón Torrubia, 2009. "Sources of productivity growth and convergence in ict industries: an intertemporal non-parametric frontier approach?," Documentos de Trabajo dt2009-04, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
  5. Afonso, António & St. Aubyn, Miguel, 2010. "Public and private inputs in aggregate production and growth: a cross-country efficiency approach," Working Paper Series 1154, European Central Bank.

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