Institutional Integration and Economic Growth in Europe
Fabrizio Coricelli
- Fonction : Auteur
- PersonId : 743092
- IdHAL : fabrizio-coricelli
- ORCID : 0000-0001-8508-3252
- IdRef : 032092946
Luigi Moretti
- Fonction : Auteur
- PersonId : 11026
- IdHAL : luigi-moretti
- ORCID : 0000-0002-7758-488X
- IdRef : 227322665
Résumé
The literature on the growth effects of European integration remains inconclusive. This is due to severe methodological difficulties mostly driven by country heterogeneity. This paper addresses these concerns using the synthetic control method. It constructs counterfactuals for countries that joined the European Union (EU) from 1973 to 2004. We find that growth effects from EU membership are large and positive, with Greece as the exception. Despite substantial variation across countries and over time, we estimate that without European integration, per capita incomes would have been, on average, approximately 10% lower in the first ten years after joining the EU.
Format du dépôt | Notice |
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Type de dépôt | Article dans une revue |
Résumé |
en
The literature on the growth effects of European integration remains inconclusive. This is due to severe methodological difficulties mostly driven by country heterogeneity. This paper addresses these concerns using the synthetic control method. It constructs counterfactuals for countries that joined the European Union (EU) from 1973 to 2004. We find that growth effects from EU membership are large and positive, with Greece as the exception. Despite substantial variation across countries and over time, we estimate that without European integration, per capita incomes would have been, on average, approximately 10% lower in the first ten years after joining the EU.
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Titre |
en
Institutional Integration and Economic Growth in Europe
|
Auteur(s) |
Nauro Campos
1, 2
, Fabrizio Coricelli
3, 4, 5
, Luigi Moretti
6
1
Brunel University London [Uxbridge]
( 365844 )
- Kingston Lane, Uxbridge, Middlesex UB8 3PH
- Royaume-Uni
2
D-HEST -
Department of Health Sciences and Technology [ETH Zürich]
( 521158 )
- 8092 Zurich
- Suisse
3
CEPR -
Center for Economic Policy Research
( 143559 )
- Royaume-Uni
4
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
5
PJSE -
Paris Jourdan Sciences Economiques
( 1171428 )
- 48 boulevard Jourdan 75014 Paris
- France
6
CES -
Centre d'économie de la Sorbonne
( 15080 )
- Maison des Sciences Économiques - 106-112 Boulevard de l'Hôpital - 75647 Paris Cedex 13
- France
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Licence |
Paternité - Pas d'utilisation commerciale - Pas de modification
|
Public visé |
Scientifique
|
Audience |
Internationale
|
Date de publication |
2019-05
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Page/Identifiant |
88-104
|
Volume |
103
|
Langue du document |
Anglais
|
Nom de la revue |
|
Domaine(s) |
|
Mots-clés (JEL) |
|
Projet(s) ANR |
|
Mots-clés |
en
Integration, Institutions, European union, Synthetic control method, Economic growth
|
DOI | 10.1016/j.jmoneco.2018.08.001 |
UT key WOS | 000470342900006 |
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