Growth, convergence and EU membership

Jesus Crespo Cuaresma (1) , Maria Antoinette Silgoner (2) , Doris Ritzberger-Gruenwald (2)

1 Economics
2 OeNB

The effect of European integration on long-term growth of the EU-15 member states is studied by means of panel data methods. The length of EU membership is found to have a significant positive effect on economic growth, which is relatively higher for poorer countries. While previous empirical studies tend not to find positive growth effects of regional integration, the present study suggests an asymmetric, convergence-stimulating impact of EU membership on long-term growth.

Mots clés: Social Sciences & Humanities

Jesus Crespo Cuaresma, Maria Antoinette Silgoner, Doris Ritzberger-Gruenwald. Growth, convergence and EU membership. Applied Economics, 2008, 40 (05), pp.643-656. ⟨10.1080/00036840600749524⟩. ⟨hal-00581990⟩