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Austria, Finland and Sweden in the European Union. Economic Effects

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Listed author(s):
  • Fritz Breuss

    (WIFO)

Abstract

After the establishment of the Internal Market ten years ago, the EU has implemented the Economic and Monetary Union as the highest stage of economic integration. An analysis, based upon an integration model, of the impact of accession to the EU for Austria, Finland and Sweden suggests that the Finnish economy has benefited most, ahead of Austria and Sweden.

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Article provided by WIFO in its journal Quarterly.

Volume (Year): 8 (2003)
Issue (Month): 4 (December)
Pages: 131-158

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Handle: RePEc:wfo:wquart:y:2003:i:4:p:131-158
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Keywords: European integration; single market; macro-economic effects; integration effects; fourth EU enlargement;

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  1. Frankel, Jeffrey A & Rose, Andrew K, 1998. "The Endogeneity of the Optimum Currency Area Criteria," Economic Journal, Royal Economic Society, vol. 108(449), pages 1009-1025, July.
  2. Alejandro Micco & Ernesto H. Stein & Guillermo Luis Ordoñez, 2003. "The Currency Union Effect on Trade: Early Evidence from EMU," Research Department Publications 4339, Inter-American Development Bank, Research Department.
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  6. Mariassunta Giannetti & Luigi Guiso & Tullio Jappelli & Mario Padula & Marco Pagano, 2002. "Financial Market Integration, Corporate Financing and Economic Growth," European Economy - Economic Papers 2008 - 2015 179, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
  7. Alejandro Micco & Ernesto Stein & Guillermo Ordoñez, 2003. "The currency union effect on trade: early evidence from EMU," Economic Policy, CEPR;CES;MSH, vol. 18(37), pages 315-356, October.
  8. Franz Sinabell & Erwin Schmid, 2003. "Reform of the Common Agricultural Policy and its Impact on the Austrian Agricultural Sector," WIFO Monatsberichte (monthly reports), WIFO, vol. 76(6), pages 425-440, June.
  9. Giuseppe Nicoletti & Stefano Scarpetta, 2003. "Regulation, productivity and growth: OECD evidence," Economic Policy, CEPR;CES;MSH, vol. 18(36), pages 9-72, 04.
  10. Ranil M Salgado, 2002. "Impact of Structural Reformson Productivity Growth in Industrial Countries," IMF Working Papers 02/10, International Monetary Fund.
  11. Ari Kokko, 1994. "Sweden: Effects of EU Membership on Investment and Growth," The World Economy, Wiley Blackwell, vol. 17(5), pages 667-677, 09.
  12. Haaland, Jan I., 1993. "Welfare Effects of `1992': A General Equilibrium Assessment for EC and EFTA Countries," CEPR Discussion Papers 828, C.E.P.R. Discussion Papers.
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Cited by:

  1. Fritz Breuss, 2006. "Austria and Switzerland – Experiences with and without EU Membership," Austrian Economic Quarterly, WIFO, vol. 11(1), pages 13-39, February.
  2. Engelbert Stockhammer, 2006. "Wirtschaftliche Effekte der europäischen Integration auf Österreich: Simulationsergebnisse," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 32(1), pages 65-94.

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