Eastern Opening, EU Membership, Euro Participation and EU Enlargement. Economic Impacts on Austria
Austria has gained economically from all integration steps taken by the European Union over the past 15 years (eastern opening, Austria's accession to the EU and its currency union, EU enlargement). With some of these steps occurring in parallel, its effects have similarly overlapped. Eastern opening since 1989 and Austria's EU membership since 1995 (and its participation in the currency union) contributed 0.5 to 1 percentage point to its economic growth and resulted in the creation of some 100,000 to 150,000 new jobs. The EU enlargement of 2004 has similarly benefiting Austria more than other EU 15 countries; growth effects for the real GDP are estimated at more than 0.2 percentage point p.a. over the next decade.
|Date of creation:||08 Mar 2006|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (+43 1) 798 26 01-0
Fax: (+43 1) 798 93 86
Web page: http://www.wifo.ac.at/
More information through EDIRC
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.:
- Fritz Breuss, 2002. "Benefits and Dangers of EU Enlargement," Empirica, Springer, vol. 29(3), pages 245-274, September.
- Fritz Breuss & Peter Egger & Michael Pfaffermayr, 2010.
"Structural funds, EU enlargement, and the redistribution of FDI in Europe,"
Review of World Economics (Weltwirtschaftliches Archiv),
Springer, vol. 146(3), pages 469-494, September.
- Fritz Breuss & Peter Egger & Michael Pfaffermayr, 2003. "Structural Funds, EU Enlargement, and the Redistribution of FDI in Europe," WIFO Working Papers 195, WIFO.
When requesting a correction, please mention this item's handle: RePEc:wfo:wpaper:y:2006:i:270. 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: (Ilse Schulz)
If references are entirely missing, you can add them using this form.