Did the European Unification Induce Economic Growth? In Search of Scale-Effects and Persistent Changes

Patrick Vanhoudt ()

No 270, SSE/EFI Working Paper Series in Economics and Finance from Stockholm School of Economics

Abstract: In this paper we investigate whether the European unification has had an impact on the Union's average labor productivity growth. Based on a time series approach we do not find a scale-effect as suggested by new growth theory. However, the data do not reject the hypothesis that the EU growth experience is well described by a textbook Solow model. Panel data estimations moreover firmly reject the idea of a growth bonus associated with EU membership.

Keywords: Integration; economic growth; time series tests; panel data evidence; EU membership. (search for similar items in EconPapers)
JEL-codes: E13 F02 O52 (search for similar items in EconPapers)
Pages: 29 pages
Date: 1998-10-15
New Economics Papers: this item is included in nep-eec and nep-eff
References: Add references at CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
http://swopec.hhs.se/hastef/papers/hastef0270.pdf.zip (application/pdf)
http://swopec.hhs.se/hastef/papers/hastef0270.pdf (application/pdf)
http://swopec.hhs.se/hastef/papers/hastef0270.ps.zip (application/postscript)
http://swopec.hhs.se/hastef/papers/hastef0270.ps (application/postscript)

Related works:
Journal Article: Did the European unification induce economic growth? In search of scale effects and persistent changes (1999)
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:hhs:hastef:0270

Access Statistics for this paper

More papers in SSE/EFI Working Paper Series in Economics and Finance from Stockholm School of Economics The Economic Research Institute, Stockholm School of Economics, P.O. Box 6501, 113 83 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Helena Lundin ().