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Did the European unification induce economic growth? In search of scale effects and persistent changes

  • Patrick Vanhoudt

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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File URL: http://hdl.handle.net/10.1007/BF02707252
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Article provided by Springer & Institut für Weltwirtschaft (Kiel Institute for the World Economy) in its journal Weltwirtschaftliches Archiv.

Volume (Year): 135 (1999)
Issue (Month): 2 (June)
Pages: 193-220

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Handle: RePEc:spr:weltar:v:135:y:1999:i:2:p:193-220
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