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Economic efficiency and growth in the EU enlargement

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  • Halkos, George E.
  • Tzeremes, Nickolaos G.

Abstract

This paper deals with the effects of EMU enlargement (European Economic and Monetary Union) by evaluating the economic efficiency of growth policies of the 25 member countries. By using Data Envelopment Window Analysis the paper measures the policies adopted initiating economic growth of the 25 EU members for the time period of 1995-2005. Different factors reflecting countries' investment policies have been used in order to measure chronically countries' economic efficiency. The results reveal that the old 15 EU members have faced problems reforming their economic policies in order to cope with the EU enlargement which in turn had an impact on their economic efficiencies.

Suggested Citation

  • Halkos, George E. & Tzeremes, Nickolaos G., 2009. "Economic efficiency and growth in the EU enlargement," Journal of Policy Modeling, Elsevier, vol. 31(6), pages 847-862, November.
  • Handle: RePEc:eee:jpolmo:v:31:y:2009:i:6:p:847-862
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    8. Genovaitė Liobikienė & Justina Mandravickaitė, 2013. "Convergence of new members of the EU: changes in household consumption expenditure structure regarding environmental impact during the prosperous period," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 15(2), pages 407-427, April.
    9. Halkos, George & Kevork, Ilias & Tziourtzioumis, Chris, 2014. "Emissions and abatement costs for the passenger cars sector in Greece," MPRA Paper 60197, University Library of Munich, Germany.
    10. Halkos, George & Tzeremes, Nickolaos, 2011. "Towards a culture of environmental efficiency: An application of conditional partial nonparametric frontiers," MPRA Paper 28690, University Library of Munich, Germany.
    11. Arazmuradov, Annageldy, 2011. "Energy consumption and carbon dioxide environmental efficiency for former Soviet Union economies. evidence from DEA window analysis," MPRA Paper 36903, University Library of Munich, Germany, revised 24 Feb 2012.
    12. Halkos, George & Polemis, Michael, 2016. "Examining the impact of financial development on the environmental Kuznets curve hypothesis," MPRA Paper 75368, University Library of Munich, Germany.
    13. Weimin Zhang & Wangrong Ma & Qiwei Chen, 2022. "Does Regional Development Policy Promote Industrial Structure Upgrading? Evidence from the Yangtze River Delta in China," Sustainability, MDPI, vol. 14(13), pages 1-21, July.
    14. Halkos, George, 2011. "Economy - environment relationship: The case of sulphur emissions," MPRA Paper 45480, University Library of Munich, Germany.
    15. Nalan Baştürk & Richard Paap & Dick van Dijk, 2012. "Structural differences in economic growth: an endogenous clustering approach," Applied Economics, Taylor & Francis Journals, vol. 44(1), pages 119-134, January.
    16. Mehmet APAN & İhsan ALP & Ahmet ÖZTEL, 2019. "Determination of the Efficiencies of Textile Firms Listed in Borsa İstanbul by Using DEA-Window Analysis," Sosyoekonomi Journal, Sosyoekonomi Society, issue 27(42).
    17. Srðan Marinkoviæ & Zenaida Šabotiæ & Dragiæ Bankoviæ, 2018. "EU enlargement: Does economics of regional integration matter?," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 36(2), pages 881-904.
    18. Halkos, George & Tzeremes, Nickolaos & Kourtzidis, Stavros, 2014. "Abating CO2 emissions in the Greek energy and industry sectors," MPRA Paper 60807, University Library of Munich, Germany.
    19. Halkos, George, 2013. "Uncertainty in optimal pollution levels: Modeling the benefit area," MPRA Paper 47768, University Library of Munich, Germany.
    20. Halkos, George & Skouloudis, Antonis, 2016. "Cultural dimensions and corporate social responsibility: A cross-country analysis," MPRA Paper 69222, University Library of Munich, Germany.
    21. Halkos, George, 2017. "Global Energy and Sustainable Development: Introduction," MPRA Paper 81967, University Library of Munich, Germany.
    22. Hagemejer Jan & Michałek Jan J. & Svatko Pavel, 2021. "Economic impact of the EU Eastern enlargement on New Member States revisited: The role of economic institutions," Central European Economic Journal, Sciendo, vol. 8(55), pages 126-143, January.

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