The EU, a growth engine? The impact of european integration on economic growth in Central Eastern Europe

"This paper investigates how the European integration process of central eastern European countries, which has been taking place since the 1990’s, affects their GDP growth. Based on an augmented Solow model, I estimate a convergence equation for a panel of ten countries over 16 years (1995-2010...

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Main Authors: FIW, Vienna, Mann, Katja
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Vienna 2015
FIW
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19114359124919325319-The-eu,-a-growth-engine?-The-i.htm
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author FIW, Vienna
Mann, Katja
author_facet FIW, Vienna
Mann, Katja
collection Library items
description "This paper investigates how the European integration process of central eastern European countries, which has been taking place since the 1990’s, affects their GDP growth. Based on an augmented Solow model, I estimate a convergence equation for a panel of ten countries over 16 years (1995-2010). In the regression, trade with the other European Union member states as a share of total trade serves as a measure of European integration. I find a small, but significant medium-run growth bonus from integration, which is robust to alternative specifications of the regression equation and of the variables of interest. The results are confirmed by a supplementary analysis at the industry level using a difference-in-difference type of estimation strategy. The paper thus provides an argument in favour of European integration."
format TEXT
geographic EU countries
id 19114359124919325319_e2af0f066e1446bfb4eac423f84c939f
institution ETUI-European Trade Union Institute
is_hierarchy_id 19114359124919325319_e2af0f066e1446bfb4eac423f84c939f
is_hierarchy_title The EU, a growth engine? The impact of european integration on economic growth in Central Eastern Europe
language English
physical 25 p.
Digital
publishDate 2015
publisher Vienna
FIW
spellingShingle FIW, Vienna
Mann, Katja
economic growth
European integration
The EU, a growth engine? The impact of european integration on economic growth in Central Eastern Europe
title The EU, a growth engine? The impact of european integration on economic growth in Central Eastern Europe
topic economic growth
European integration
url https://www.labourline.org/KENTIKA-19114359124919325319-The-eu,-a-growth-engine?-The-i.htm