Growth under strain in the European Union: A long run perspective

Francesco Farina

Department of Economic Policy, Finance and Development (DEPFID) University of Siena from Department of Economic Policy, Finance and Development (DEPFID), University of Siena

Abstract: This paper interprets the GDP growth experienced by the economies of the European Union in the perspective of the growth and the agglomeration models. The objective consists in understanding to what extent the growth and convergence paths followed by Europe during the last decades of economic integration process have been affected by the evolution of the exchange rate regime and by increasingly constraining monetary and fiscal policies.

Keywords: growth; beta and sigma convergence; human capital; European Union. (search for similar items in EconPapers)
JEL-codes: J24 O47 O52 (search for similar items in EconPapers)
Date: 2011-05
New Economics Papers: this item is included in nep-eec, nep-eur and nep-fdg
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Persistent link: https://EconPapers.repec.org/RePEc:usi:depfid:0411

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