Are future enlargement candidate countries converging with the EU?
Christos Kollias and
Petros Messis ()
Additional contact information
Petros Messis: University of Macedonia
Empirica, 2020, vol. 47, issue 3, No 1, 453-473
Abstract The paper addresses the issue of convergence with the EU for nine countries: Albania, Bosnia and Herzegovina, Georgia, Moldova, Serbia, the Former Yugoslav Republic of Macedonia, Turkey, Montenegro and Ukraine. All that are at different stages of EU candidacy that could eventually lead to full membership. Some are officially recognized as candidate countries while others are at the stage of an association agreement. The presence of convergence is examined in terms of two macroeconomic indices: GDP per capita and GDP per person employed. Panel unit root tests as well as univariate unit root tests are estimated for the period 1997–2016. In broad terms, the empirical findings reported herein indicate a lack of convergence with the EU irrespective of the metric used. However, they indicate a process of in-group convergence mostly in terms of GDP per person employed.
Keywords: Convergence; Panel unit root tests; EU candidate countries (search for similar items in EconPapers)
JEL-codes: C23 O47 O52 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s10663-019-09442-9 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kap:empiri:v:47:y:2020:i:3:d:10.1007_s10663-019-09442-9
Ordering information: This journal article can be ordered from
http://www.springer. ... ration/journal/10663
Access Statistics for this article
Empirica is currently edited by Fritz Breuss and Fritz Breuss
More articles in Empirica from Springer, Austrian Institute for Economic Research, Austrian Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().