Is a European Hard Core Credible? A Statistical Analysis
AbstractThe paper analyses the proposal to create a hard core of EU countries committed to deeper and faster integration by studying the economic structure of the proposed grouping. It is divided into two parts. The first examines the relative weight and structural characteristics of the five potential candidates for early membership of the hard core in comparison with the whole EU, Japan and the United States. The second uses principal component and cluster analyses to investigate whether these five countries represent a homogenous grouping vis-à-vis the other EU members.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1242.
Date of creation: Sep 1995
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Other versions of this item:
- Jacquemin, Alexis & Sapir, Andre, 1996. "Is European Hard Core Credible? A Statistical Analysis," Kyklos, Wiley Blackwell, vol. 49(2), pages 105-17.
- André Sapir & Alexis Jacquemin, 1996. "Is a European hard core credible? A statistical analysis," ULB Institutional Repository 2013/8168, ULB -- Universite Libre de Bruxelles.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F15 - International Economics - - Trade - - - Economic Integration
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- Papageorgiou, Theofanis & Michaelides, Panayotis G. & Milios, John G., 2010. "Business cycles synchronization and clustering in Europe (1960-2009)," Journal of Economics and Business, Elsevier, vol. 62(5), pages 419-470, September.
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