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Did the European Unification Induce Economic Growth? In Search of Scale-Effects and Persistent Changes

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  • Vanhoudt, Patrick

    (The European Institute of Japanese Studies)

Abstract

In this paper we investigate whether the European unification has had an impact on the Union's average labor productivity growth. Based on a time series approach we do not find a scale-effect as suggested by new growth theory. However, the data do not reject the hypothesis that the EU growth experience is well described by a textbook Solow model. Panel data estimations moreover firmly reject the idea of a growth bonus associated with EU membership.

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Bibliographic Info

Paper provided by Stockholm School of Economics in its series Working Paper Series in Economics and Finance with number 270.

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Length: 29 pages
Date of creation: 15 Oct 1998
Date of revision:
Handle: RePEc:hhs:hastef:0270

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Keywords: Integration; economic growth; time series tests; panel data evidence; EU membership.;

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References

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Citations

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Cited by:
  1. Lucas Bretschger & Thomas M. Steger, 2004. "The dynamics of economic integration : theory and policy," CER-ETH Economics working paper series 04/32, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
  2. Brodzicki Tomasz, 2003. "In search for accumulative effects of European economic integration," International Trade 0310006, EconWPA.
  3. Alan V. Deardorff & Robert M. Stern, 2002. "EU Expansion and EU Growth," Working Papers 487, Research Seminar in International Economics, University of Michigan.
  4. Ziltener, Patrick, 2002. "Wirtschaftliche Effekte des EU-Binnenmarktprogramms," Center for European, Governance and Economic Development Research Discussion Papers 15, University of Goettingen, Department of Economics.
  5. Young-Bae Kim, 2008. "Is There A Trade-off Between Regional Growth and National Income? Theory and Evidence from the EU," School of Economics Discussion Papers 1008, School of Economics, University of Surrey.
  6. MIHUT Ioana Sorina & LUTAS Mihaela, 2013. "Teting Sigma Convergence Across New Eu Members," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 65(4), pages 121-131.
  7. Rosa Capolupo & Giuseppe Celi, 2008. "Openness And Economic Growth: A Comparative Study Of Alternative Trading Regimes," Economie Internationale, CEPII research center, issue 116, pages 5-36.
  8. Jesus Crespo Cuaresma & Maria Antoinette Dimitz & Doris Ritzberger-Grünwald, 2002. "Growth, Convergence and EU Membership," Working Papers 62, Oesterreichische Nationalbank (Austrian Central Bank).
  9. masron, Tajul arrifin & Mohd naseem niaz, Ahmad, 2008. "Export, Economic Integration and Exchange Rate Volatility in Turkey and Malaysia," MPRA Paper 41519, University Library of Munich, Germany.
  10. Arjan Lejour & Vladimir Solanic & Paul Tang, 2009. "EU Accession and Income Growth: An Empirical Approach," Transition Studies Review, Springer, vol. 16(1), pages 127-144, May.
  11. Potvorszki Gabor, . "Contributions To Regional Disparities And Convergence In The Eu," Description: Managerial Challenges of the Contemporary Society 32, Faculty of Economics and Business Administration, Babes-Bolyai University.
  12. Tomasz Brodzicki, 2005. "New empirical insights into the growth effects of economic integration within EU," International Trade 0505014, EconWPA.
  13. Andr� Sapir, 2011. "European Integration at the Crossroads: A Review Essay on the 50th Anniversary of Bela Balassa's Theory of Economic Integration," Journal of Economic Literature, American Economic Association, vol. 49(4), pages 1200-1229, December.
  14. Clemente, Jesús & Pueyo, Fernando & Sanz, Fernando, 2009. "Market potential, European Union and growth," Journal of Policy Modeling, Elsevier, vol. 31(5), pages 719-730, September.
  15. Wilhelm Kohler & Christian Arndt & Anselm Mattes & Michael Knogler & Fidelis Lankes & Jarko Fidmuc, 2007. "Die neuen Mitglieder: Motor oder Bremse der europäischen Integration?," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 60(14), pages 03-20, 07.
  16. Urmas Varblane & Priit Vahter, 2005. "An Analysis Of The Economic Convergence Process In The Transition Countries," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 37, Faculty of Economics and Business Administration, University of Tartu (Estonia).
  17. Bas Straathof & Gert Jan Linders & Arjan Lejour & Jan Möhlmann, 2008. "The internal market and the Dutch economy: implications for trade and economic growth," CPB Document 168, CPB Netherlands Bureau for Economic Policy Analysis.
  18. Dicke, Hugo & Foders, Federico, 2000. "Wirtschaftliche Auswirkungen einer EU-Erweiterung auf die Mitgliedstaaten," Open Access Publications from Kiel Institute for the World Economy 2510, Kiel Institute for the World Economy (IfW).

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