Growth Effects of Economic Integration: Evidence from the EU Member States

被引：0
|
作者：
Harald Badinger
机构：
[1] Wirtschaftsuniversität Wien,Europainstitut
来源：
Review of World Economics | 2005年 / 141卷
关键词：
Economic growth; economic integration; European Union; panel data;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
After compiling an index of economic integration that accounts for global (GATT) as well as regional (European) integration of the EU member states we test for permanent and temporary growth effects in a growth accounting framework, using a panel of fifteen EU member states over the period 1950–2000. While the hypothesis of permanent growth effects is rejected, the results—though not completely robust to controlling for time-specific effects—suggest sizeable level effects: GDP per capita of the EU would be approximately one-fifth lower today if no integration had taken place since 1950.
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页码：50 / 78
页数：28
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