A region-level analysis of the long-term economic effects of joining the European Union

Rok Spruk and Nuno Garoupa

Chapter 10 in The EU Reexamined, 2024, pp 177-222 from Edward Elgar Publishing

Abstract: In the European political debate, potentially vast economic benefits derived from the European Union are usually taken for granted. In the scholarly discussion, the economic benefits are less consensual and beg for more rigorous analysis. Using synthetic control methodology, we estimate the counterfactual growth scenario in response to joining the EU at the subnational level for the regions and provinces of both founding and non-founding member states, with data for the period 1840-2016. Our results suggest that EU institutional design has disproportionately benefited the economic growth of regions of the founding member states and several more recent entrants such as Austria, Ireland, Poland, and the Czech Republic. For the regions of non-founding member states, predominantly from peripheral Europe, we find either zero economic growth effect or only a weak and temporary effect. Large differences in the significance of the EU-related growth premia are detected across and within the member states.

Keywords: Economics and Finance; Law - Academic; Politics and Public Policy (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035314867.00015 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:22460_10

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().