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Are EU Members’ Economies an “Engine” of the EU Candidates’ Economies?

Author

Listed:
  • Radulović Marija

    (University of Kragujevac, Faculty of Economics, Kragujevac, Republic of Serbia)

  • Kostić Milan

    (University of Kragujevac, Faculty of Economics, Kragujevac, Republic of Serbia)

Abstract

Research background: Economic relations between countries members of the EU and EU candidates are very strong. Germany and France have the leading economies of the EU, are in the top ten economies worldwide, and drivers of EU development. Serbia has strong economic relations with Germany and France, especially with Germany. Therefore, it is necessary to examine whether Germany and France impact the development of Serbia.

Suggested Citation

  • Radulović Marija & Kostić Milan, 2021. "Are EU Members’ Economies an “Engine” of the EU Candidates’ Economies?," Folia Oeconomica Stetinensia, Sciendo, vol. 21(2), pages 97-117, December.
    • Handle: RePEc:vrs:foeste:v:21:y:2021:i:2:p:97-117:n:3
    DOI: 10.2478/foli-2021-0018
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    More about this item

    Keywords

    EU member; EU candidate; developed country; developing country; VECM;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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