In search for accumulative effects of European economic integration
AbstractThe forthcoming eastern enlargement of the European Union is generally perceived to constitute one of the most significant challenges to the process of European integration so far. The economic impact of the enlargement is likely to be considerable. The enlargement, as any other previous episodes of integration deepening or widening, is going to trigger various static as well as dynamic effects. Due to the increase in internal heterogeneity of the economic block, the effects are likely to be spatially asymmetric. From the point of view of both existing as well as acceding member states the dynamic growth or accumulative effect understood as a permanent change in the long-term average growth rate of GDP per capita is especially appealing. However, theoretical and empirical studies are rather inconclusive as to the very existence, direction and significance of long-term growth effects of economic integration in general and of European integration process in particular. The present study attempts to shed some light on the issue. The study utilizes a two-way panel data approach to analyze a balanced panel of data composed of a group of 20 developed countries covering eight consecutive subperiods between 1960-1999.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Economics of European Integration Department, Faculty of Economics, University of Gdansk, Poland in its series Working Papers with number 0301.
Length: 17 pages
Date of creation: May 2003
Date of revision:
European economic integration; economic growth; panel data estimation;
Other versions of this item:
- Brodzicki Tomasz, 2003. "In search for accumulative effects of European economic integration," International Trade 0310005, EconWPA.
- Brodzicki Tomasz, 2003. "In search for accumulative effects of European economic integration," International Trade 0310006, EconWPA.
- F15 - International Economics - - Trade - - - Economic Integration
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Baldwin, Richard E & Forslid, Rikard, 2000. "The Core-Periphery Model and Endogenous Growth: Stabilizing and Destabilizing Integration," Economica, London School of Economics and Political Science, vol. 67(267), pages 307-24, August.
- Magnus Henrekson & Johan Torstensson & Rasha Torstensson,, .
"Growth Effects of European Integration,"
96/1, University of Nottingham, CREDIT.
- Henrekson, Magnus & Torstensson, Johan & Torstensson, Rasha, 1995. "Growth Effects of European Integration," Working Paper Series 439, Research Institute of Industrial Economics.
- Henrekson, Magnus & Torstensson, Rasha, 1996. "Growth Effects of European Integration," CEPR Discussion Papers 1465, C.E.P.R. Discussion Papers.
- N. Gregory Mankiw & David Romer & David N. Weil, 1992.
"A Contribution to the Empirics of Economic Growth,"
NBER Working Papers
3541, National Bureau of Economic Research, Inc.
- Romer, Paul M, 1986.
"Increasing Returns and Long-run Growth,"
Journal of Political Economy,
University of Chicago Press, vol. 94(5), pages 1002-37, October.
- Rivera-Batiz, Luis A & Romer, Paul M, 1991.
"Economic Integration and Endogenous Growth,"
The Quarterly Journal of Economics,
MIT Press, vol. 106(2), pages 531-55, May.
- Patrick Vanhoudt, 1999.
"Did the European unification induce economic growth? In search of scale effects and persistent changes,"
Review of World Economics (Weltwirtschaftliches Archiv),
Springer, vol. 135(2), pages 193-220, June.
- Vanhoudt, Patrick, 1998. "Did the European Unification Induce Economic Growth? In Search of Scale-Effects and Persistent Changes," Working Paper Series in Economics and Finance 270, Stockholm School of Economics.
- Levine, Ross & Renelt, David, 1992.
"A Sensitivity Analysis of Cross-Country Growth Regressions,"
American Economic Review,
American Economic Association, vol. 82(4), pages 942-63, September.
- Levine, Ross & Renelt, David, 1991. "A sensitivity analysis of cross-country growth regressions," Policy Research Working Paper Series 609, The World Bank.
- Haveman, Jon D & Lei, Vivian & Netz, Janet S, 2001. "International Integration and Growth: A Survey and Empirical Investigation," Review of Development Economics, Wiley Blackwell, vol. 5(2), pages 289-311, June.
- Devereux, Michael B & Lapham, Beverly J, 1994.
"The Stability of Economic Integration and Endogenous Growth,"
The Quarterly Journal of Economics,
MIT Press, vol. 109(1), pages 299-305, February.
- Michael B. Devereux & Beverly J. Lapham, 1993. "The Stability of Economics Integration and Endogenous Growth," Working Papers 878, Queen's University, Department of Economics.
- Frenkel, Michael & Trauth, Thomas, 1997. "Growth effects of integration among unequal countries," Global Finance Journal, Elsevier, vol. 8(1), pages 113-128.
- Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
- Athanasios Vamvakidis, 1999. "Regional Trade Agreements or Broad Liberalization: Which Path Leads to Faster Growth?," IMF Staff Papers, Palgrave Macmillan, vol. 46(1), pages 3.
- Bennett T. McCallum, 1996.
"Neoclassical vs. endogenous growth analysis: an overview,"
Federal Reserve Bank of Richmond, issue Fall, pages 41-71.
- Bennett T. McCallum, 1997. "Neoclassical vs. Endogenous Growth Analysis: An Overview," NBER Working Papers 5844, National Bureau of Economic Research, Inc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tomasz Brodzicki) The email address of this maintainer does not seem to be valid anymore. Please ask Tomasz Brodzicki to update the entry or send us the correct address.
If references are entirely missing, you can add them using this form.