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Details for article 144 of 194 found articles
| Title: |
Technology- and investment-led growth effects of economic integration: a panel cointegration analysis for the EU-15 (1960-2000) |
| Author: |
Badinger, Harald |
| Appeared in: |
Applied economics letters |
| Paging: | Volume 15 (2008) nr. 7 pages 557-561 |
| Year: |
2008-06 |
| Contents: |
Using a panel cointegration approach we test for technology- and investment-led growth effects of economic integration for the EU-15 Member States over the period 1960 to 2000. Integration is measured by an index that is mainly based on tariff reductions and accounts for both GATT-liberalization and European integration. We find that integration has induced sizeable level effects on GDP per capita of some 44%, with both technology-led and investment-led effects playing an important role. While integration-induced efficiency increases materialize within a few years, integration-induced effects on the equilibrium stock of capital require a long time to work themselves out. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 144 of 194 found articles
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