Growth under strain in the European Union: A long run perspective
Abstract
This paper interprets the GDP growth experienced by the economies of the European Union in the perspective of the growth and the agglomeration models. The objective consists in understanding to what extent the growth and convergence paths followed by Europe during the last decades of economic integration process have been affected by the evolution of the exchange rate regime and by increasingly constraining monetary and fiscal policies.Download Info
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Paper provided by Department of Economic Policy, Finance and Development (DEPFID), University of Siena in its series Department of Economic Policy, Finance and Development (DEPFID) University of Siena with number 0411.Length:
Date of creation: May 2011
Date of revision:
Handle: RePEc:usi:depfid:0411
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Web page: http://www.depfid.unisi.it/
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Related research
Keywords: growth; beta and sigma convergence; human capital; European Union.;Find related papers by JEL classification:
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-01-18 (All new papers)
- NEP-EEC-2012-01-18 (European Economics)
- NEP-EUR-2012-01-18 (Microeconomic European Issues)
- NEP-FDG-2012-01-18 (Financial Development & Growth)
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