Choosing Institutional over Economic Integration: Are There Growth Effects?
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
This paper studies the effects on productivity of integration deepening. Our identification strategy uses the 1995 European Union (EU) enlargement when all four candidate countries joined the European Economic Area (economic integration) but only one (Norway) chose not to join the EU (institutional integration). Using synthetic control methods on sectoral and regional data, we find that had Norway chosen institutional instead of only
economic integration in 1995, the average Norwegian region would have experienced a yearly average productivity growth increase of about half a
percentage point. We also find these losses are larger for industry than for other sectors.
Format du dépôt | Notice |
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Type de dépôt | Pré-publication, Document de travail |
Titre |
en
Choosing Institutional over Economic Integration: Are There Growth Effects?
|
Résumé |
en
This paper studies the effects on productivity of integration deepening. Our identification strategy uses the 1995 European Union (EU) enlargement when all four candidate countries joined the European Economic Area (economic integration) but only one (Norway) chose not to join the EU (institutional integration). Using synthetic control methods on sectoral and regional data, we find that had Norway chosen institutional instead of only
economic integration in 1995, the average Norwegian region would have experienced a yearly average productivity growth increase of about half a
percentage point. We also find these losses are larger for industry than for other sectors.
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Auteur(s) |
Nauro Campos
1
, Fabrizio Coricelli
2, 3, 4
, Luigi Moretti,
5
1
UCL -
University College of London [London]
( 300875 )
- Gower Street, London WC1E 6BT
- Royaume-Uni
2
UP1 UFR02 -
Université Paris 1 Panthéon-Sorbonne - École d'économie de la Sorbonne
( 1063812 )
- 90 rue de Tolbiac - 75013 Paris
- France
3
CEPR -
Center for Economic Policy Research
( 143559 )
- Royaume-Uni
4
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
5
CES -
Centre d'économie de la Sorbonne
( 15080 )
- Maison des Sciences Économiques - 106-112 Boulevard de l'Hôpital - 75647 Paris Cedex 13
- France
|
Langue du document |
Anglais
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Date de production/écriture |
2020-07-21
|
Commentaire |
CEPR Discussion Papers 15078, C.E.P.R. Discussion Papers.
|
Domaine(s) |
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Mots-clés (JEL) |
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