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Austria, Finland and Sweden in the European Union. Economic Effects

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  • Fritz Breuss

    (WIFO)

Abstract

After the establishment of the Internal Market ten years ago, the EU has implemented the Economic and Monetary Union as the highest stage of economic integration. An analysis, based upon an integration model, of the impact of accession to the EU for Austria, Finland and Sweden suggests that the Finnish economy has benefited most, ahead of Austria and Sweden.

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Bibliographic Info

Article provided by WIFO in its journal Quarterly.

Volume (Year): 8 (2003)
Issue (Month): 4 (December)
Pages: 131-158

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Handle: RePEc:wfo:wquart:y:2003:i:4:p:131-158

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Keywords: European integration; single market; macro-economic effects; integration effects; fourth EU enlargement;

References

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  1. Torsten Persson, 2001. "Currency unions and trade: how large is the treatment effect?," Economic Policy, CEPR;CES;MSH, CEPR;CES;MSH, vol. 16(33), pages 433-462, October.
  2. Alejandro Micco & Ernesto H. Stein & Guillermo Luis Ordoñez, 2003. "The Currency Union Effect on Trade: Early Evidence from EMU," Research Department Publications, Inter-American Development Bank, Research Department 4339, Inter-American Development Bank, Research Department.
  3. Mariassunta Giannetti & Luigi Guiso & Tullio Jappelli & Mario Padula & Marco Pagano, 2002. "Financial Market Integration, Corporate Financing and Economic Growth," European Economy - Economic Papers, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission 179, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
  4. Andrew K. Rose, 2001. "Currency unions and trade: the effect is large," Economic Policy, CEPR;CES;MSH, CEPR;CES;MSH, vol. 16(33), pages 449-461, October.
  5. Haaland, Jan I., 1993. "Welfare Effects of `1992': A General Equilibrium Assessment for EC and EFTA Countries," CEPR Discussion Papers, C.E.P.R. Discussion Papers 828, C.E.P.R. Discussion Papers.
  6. Giuseppe Nicoletti & Stefano Scarpetta, 2003. "Regulation, productivity and growth: OECD evidence," Economic Policy, CEPR;CES;MSH, CEPR;CES;MSH, vol. 18(36), pages 9-72, 04.
  7. Frankel, Jeffrey A & Rose, Andrew K, 1998. "The Endogeneity of the Optimum Currency Area Criteria," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 108(449), pages 1009-25, July.
  8. Ari Kokko, 1994. "Sweden: Effects of EU Membership on Investment and Growth," The World Economy, Wiley Blackwell, Wiley Blackwell, vol. 17(5), pages 667-677, 09.
  9. Ranil Salgado, 2002. "Impact of Structural Reformson Productivity Growth in Industrial Countries," IMF Working Papers, International Monetary Fund 02/10, International Monetary Fund.
  10. Flam, Harry, 1995. "From EEA to EU: Economic consequences for the EFTA countries," European Economic Review, Elsevier, Elsevier, vol. 39(3-4), pages 457-466, April.
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Cited by:
  1. Fritz Breuss, 2006. "Austria and Switzerland – Experiences with and without EU Membership," Austrian Economic Quarterly, WIFO, WIFO, vol. 11(1), pages 13-39, February.

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