Interdependent Growth in the EU: The Role of Trade
After properly modelling growth externalities and using spatial econometric techniques we investigate whether economic integration promotes interdependent growth among countries. We conclude that this has been indeed the case for advanced OECD countries and that, for those countries belonging to the EU, through successive enlargements, the effect has been even stronger. More precisely, if every (trade) partner of a given country experiences an extra growth of 1 percentage point, this economy will profit from an extra 0.5 point, and if this country belongs to the EU it will have an additional increase of its rate of growth of 0.2 points. Both figures can be interpreted as growth externalities with the latter suggesting that an integration process like the one followed by the EU has an (positive) effect on growth.
|Date of creation:||Sep 2002|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +32 2 229 3911
Fax: +32 2 219 4151
Web page: http://www.enepri.org
More information through EDIRC
|Order Information:|| Postal: ENEPRI c/o CEPS Place du Congrès 1 1000 Brussels Belgium|
Web: http://www.enepri.org Email:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Luis A. Rivera-Batiz & Paul M. Romer, 1990.
"Economic Integration and Endogenous Growth,"
NBER Working Papers
3528, National Bureau of Economic Research, Inc.
- Samuel S. Kortum & Jonathan Eaton, 1995.
"Trade in ideas: patenting and productivity in the OECD,"
Finance and Economics Discussion Series
95-9, Board of Governors of the Federal Reserve System (U.S.).
- Eaton, Jonathan & Kortum, Samuel, 1996. "Trade in ideas Patenting and productivity in the OECD," Journal of International Economics, Elsevier, vol. 40(3-4), pages 251-278, May.
- Eaton, J. & Kortum, S., 1995. "Trade in Ideas: Patenting and Productivity onn the OECD," Papers 34, Boston University - Department of Economics.
- Jonathan Eaton & Samuel Kortum, 1995. "Trade in Ideas: Patenting and Productivity in the OECD," NBER Working Papers 5049, National Bureau of Economic Research, Inc.
- Jeffrey A. Frankel & David Romer, 1996. "Trade and Growth: An Empirical Investigation," NBER Working Papers 5476, National Bureau of Economic Research, Inc.
- Grinols, Earl L., 1984. "A thorn in the lion's paw: Has britain paid too much for Common Market membership?," Journal of International Economics, Elsevier, vol. 16(3-4), pages 271-293, May.
- Paul M Romer, 1999.
"Endogenous Technological Change,"
Levine's Working Paper Archive
2135, David K. Levine.
- Coe, David T & Helpman, Elhanan, 1993.
"International R&D Spillovers,"
CEPR Discussion Papers
840, C.E.P.R. Discussion Papers.
- Ana Goicolea & José A. Herce & Juan J. De Lucio, . "Regional integration and growth: The Spanish case," Working Papers 98-14, FEDEA.
- Jeffrey Bernstein & Pierre Mohnen, .
"International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors,"
Carleton Industrial Organization Research Unit (CIORU)
94-04, Carleton University, Department of Economics.
- Bernstein, Jeffrey I. & Mohnen, Pierre, 1998. "International R&D spillovers between U.S. and Japanese R&D intensive sectors," Journal of International Economics, Elsevier, vol. 44(2), pages 315-338, April.
- Jeffrey I. Bernstein & Pierre Mohnen, 1994. "International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors," NBER Working Papers 4682, National Bureau of Economic Research, Inc.
- Bernstein, Jeffrey I. & Mohnen, Pierre, 1994. "International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors," Working Papers 94-20, C.V. Starr Center for Applied Economics, New York University.
- Mª Luz García de la Vega & José A. Herce, . "Integration and Growth in the EU. The Role of Trade," Working Papers 2000-20, FEDEA.
- Miller, Marcus H & Spencer, John E, 1977. "The Static Economic Effects of the UK Joining the EEC: A General Equilibrium Approach," Review of Economic Studies, Wiley Blackwell, vol. 44(1), pages 71-93, February.
When requesting a correction, please mention this item's handle: RePEc:epr:enepwp:011. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CEPS)The email address of this maintainer does not seem to be valid anymore. Please ask CEPS to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.