European Integration, Economic Growth and Convergence - An Analysis of EU Membership Implications on Long Run Growth
(2019) NEKP01 20191Department of Economics
- Abstract
- The economic role of the European Union is ever more questioned around
the continent and is driven forward by increasingly popular political powers
in various European countries. This study attempts to analyse the economic
implications of the EU membership on member states, and if effects of
varying extent can be observed for different parts of the union. It is observed
that in the short run, there is a slightly negative effect on growth, possibly as
a result of certain initial costs associated with the membership. The results
conclude however that significant positive and increasing effects on
economic growth, due to EU membership, can be determined in the medium
to long run for Eastern European countries as well as for member... (More) - The economic role of the European Union is ever more questioned around
the continent and is driven forward by increasingly popular political powers
in various European countries. This study attempts to analyse the economic
implications of the EU membership on member states, and if effects of
varying extent can be observed for different parts of the union. It is observed
that in the short run, there is a slightly negative effect on growth, possibly as
a result of certain initial costs associated with the membership. The results
conclude however that significant positive and increasing effects on
economic growth, due to EU membership, can be determined in the medium
to long run for Eastern European countries as well as for member states with
relatively lower GDP per capita. There was no significant evidence
suggesting likewise for Western European countries and those with relatively
higher GDP per capita. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8994123
- author
- Edberg Thorén, Alexander LU
- supervisor
- organization
- course
- NEKP01 20191
- year
- 2019
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Convergence, Economic Growth, European Union, Mean Group Estimator, Panel Data, Regional Integration
- language
- English
- id
- 8994123
- date added to LUP
- 2020-02-27 13:56:36
- date last changed
- 2020-02-27 13:56:36
@misc{8994123, abstract = {{The economic role of the European Union is ever more questioned around the continent and is driven forward by increasingly popular political powers in various European countries. This study attempts to analyse the economic implications of the EU membership on member states, and if effects of varying extent can be observed for different parts of the union. It is observed that in the short run, there is a slightly negative effect on growth, possibly as a result of certain initial costs associated with the membership. The results conclude however that significant positive and increasing effects on economic growth, due to EU membership, can be determined in the medium to long run for Eastern European countries as well as for member states with relatively lower GDP per capita. There was no significant evidence suggesting likewise for Western European countries and those with relatively higher GDP per capita.}}, author = {{Edberg Thorén, Alexander}}, language = {{eng}}, note = {{Student Paper}}, title = {{European Integration, Economic Growth and Convergence - An Analysis of EU Membership Implications on Long Run Growth}}, year = {{2019}}, }