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The Whitehall Briefing (leaked in January but only officially released this month) is not the last word on the potential long-term economic impact of Brexit, despite claims from others that it ‘proves’ GDP will be lower in ‘all’ scenarios. As the report itself says, it is only ‘draft...
Persistent link: https://www.econbiz.de/10013224243
This paper, after reviewing briefly the early steps of European monetary integration and key elements of the EMU project as reflected in the Treaty of Maastricht, analyses the monetary integration strategy and convergence experience of member states, in particular that of Greece, in the 1990s...
Persistent link: https://www.econbiz.de/10014080717
This paper presents new estimates of the economic benefits from economic and political integration. Using the synthetic counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the European Union (EU) in the 1973, 1980s, 1995...
Persistent link: https://www.econbiz.de/10010350820
Persistent link: https://www.econbiz.de/10011283841
This paper investigates how the European integration process of central eastern European countries, which has been taking place since the 1990's, affects their GDP growth. Based on an augmented Solow model, I estimate a convergence equation for a panel of ten countries over 16 years (1995-2010)....
Persistent link: https://www.econbiz.de/10011374066
This article aims to answer the question of whether a membership in the European Union contributed to an accelerated economic growth of eleven Central and Eastern European (CEE or EU11) countries, including their real convergence to the economic development level of Western Europe (EU15). The...
Persistent link: https://www.econbiz.de/10012259712
This paper explores the relationship between the quarterly values of the Romanian exports and of the Gross Domestic Product for the period 2007-2014, which was marked by the consequences of the adhesion to European Union and by the global crisis. In this analysis we employ cointegration tests,...
Persistent link: https://www.econbiz.de/10013024535
This paper presents new estimates of the economic benefits from economic and political integration. Using the synthetic counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the European Union (EU) in the 1973, 1980s, 1995...
Persistent link: https://www.econbiz.de/10013054567
We ask whether EU membership has been associated with increased domestic economic growth. Using different causal identification strategies, different time periods, different country samples, and different datasets, we are unable to demonstrate the presence of a membership growth premium. This...
Persistent link: https://www.econbiz.de/10012936028