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Socio-Economic Gaps within the EU: A Comparison

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  • Farhang Niroomand
  • Edward Nissan

Abstract

This research investigates socio-economic gaps between countries of the European Union (EU). The countries, for comparison purposes, are grouped into five sets to find out if the different groupings differ in means and variances. The overall conclusion is that the 15 core combinations outperform the rest when comparisons are made on the basis of 45 socio-economic variables. However, the newly added countries in the enlargement appear to be fairly homogeneous when compared in accordance with the 45 variables. Of special interest is whether the inclusion of Turkey among the newly admitted would have changed the pattern of homogeneity among them. The answer to this question is a guarded yes. Copyright International Atlantic Economic Society 2007

Suggested Citation

  • Farhang Niroomand & Edward Nissan, 2007. "Socio-Economic Gaps within the EU: A Comparison," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 13(3), pages 365-378, August.
    • Handle: RePEc:kap:iaecre:v:13:y:2007:i:3:p:365-378:10.1007/s11294-007-9092-0
    DOI: 10.1007/s11294-007-9092-0
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    2. Gorynia, Marian & Nowak, Jan & Trąpczyński, Piotr & Wolniak, Radosław, 2019. "Friend or Foe? On the role of institutional reforms in the investment development path of Central and East European economies," International Business Review, Elsevier, vol. 28(3), pages 575-587.

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    More about this item

    Keywords

    European union; EU enlargement; Socio-economic indicators; Convergence; F40;
    All these keywords.

    JEL classification:

    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General

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