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A Discussion on Competitive Groups of Countries within the European Area of Integration

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  • Valentin Cojanu

    (Academy of Economic Studies of Bucharest)

Abstract

This paper seeks to provide a representation of European economic integration that would discriminate between the random effect of regional clustering by geographical vicinity (as the conventional area definitions suggest) and the hypothesized effect of competitive developments underpinned by homogeneous areas of integration. The investigation is based on a simple but comprehensive statistical analysis of the competitive position of thirty-three European countries, for which data were collected targeting five determinants of competitive similarity and twenty-seven corresponding indicators. The results confirm the fact that countries tend to cluster into larger groups the more general their denominator is, say, political legacy, historical circumstances or shared ideology. At the same time, a set of group behavioral patterns suggests that a better understanding of regional effects of integration strongly relates to a similarly better representation of regional groupings based on comparable competitive evolutions.

Suggested Citation

  • Valentin Cojanu, 2007. "A Discussion on Competitive Groups of Countries within the European Area of Integration," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 5(2), pages 185-202.
    • Handle: RePEc:seb:journl:v:5:y:2007:i:2:p:185-202
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    References listed on IDEAS

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    1. Harry G. Broadman, 2005. "From Disintegration to Reintegration : Eastern Europe and the Former Soviet Union in International Trade," World Bank Publications - Books, The World Bank Group, number 7511, December.
    2. Valentin Cojanu, 2006. "Optimum Competitive Area: Romania's Economic Integration in Southeast Europe," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 13(1), pages 175-198, May.
    3. Ville Kaitila, 2004. "Convergence of real GDP per capita in the EU15. How do the Accession Countries fit in?," Economics Working Papers 025, European Network of Economic Policy Research Institutes.
    4. Aturupane, Chonira & Djankov, Simeon & Hoekman, Bernard, 1997. "Determinants of intra-industry trade between East and West Europe," Policy Research Working Paper Series 1850, The World Bank.
    5. Jasminka Sohinger, 2005. "Growth and Convergence in European Transition Economies : The Impact of Foreign Direct Investment," Eastern European Economics, Taylor & Francis Journals, vol. 43(2), pages 73-94, March.
    6. George Petrakos, 2003. "Peripheral European Transitions: performance, structure and trade relations in the Balkan region," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 1(1), pages 41-64.
    7. Joz+E P. Damijan & Mojmir Mrak, 2005. "Trade Reintegration of Southeastern Europe : The Role of Slovenia," Eastern European Economics, Taylor & Francis Journals, vol. 43(2), pages 25-56, March.
    8. Tondl, Gabriele & Vuksic, Goran, 2003. "What makes regions in Eastern Europe catching up? The role of foreign investment, human resources and geography," ZEI Working Papers B 12-2003, University of Bonn, ZEI - Center for European Integration Studies.
    9. Stergios Babanassis, 2003. "Long-Term Economic Development Trends in South-Eastern Europe (1850-2003)," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 1(1), pages 19-40.
    10. Traistaru, Iulia & von Hagen, Jürgen, 2003. "South-East Europe: Economic performance, perspectives and policy challenges," ZEI Working Papers B 16-2003, University of Bonn, ZEI - Center for European Integration Studies.
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    Cited by:

    1. Valentin COJANU, 2010. "A strategic and operational view of competitiveness and cohesion in the European context," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 1, pages 153-168, June.
    2. Valentin Cojanu, 2012. "Beyond the ‘Nation State’: the Quest for New Territorial Paradigms in an Interconnected World Economy," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 18(3), pages 498-511, March.

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    More about this item

    Keywords

    Competitive area; Economic similarity; European regions; Economic integration;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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