Intra-European Union trade openness and new members' output convergence: a time-series analysis

Ingianni, Andrea (2010) Intra-European Union trade openness and new members' output convergence: a time-series analysis. In: 9th Annual Meeting of the EEFS International Conference; 3 - 6 June 2010, Athens, Greece. (Unpublished)

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Abstract

The current literature on the 5th EU enlargement, shows widespread support of beta-convergence between old and new members but partial support in favor of stochastic convergence. In this paper, I try to assess whether this process may have been signicantly facilitated by intra-EU trade. This is a possibility not accounted for in the standard neoclassical model, nor deeply investigated in the enlargement literature, but one which can potentially explain the differences researchers observe across countries. Preliminary evidence fails to conrm the predominant role of trade openness in stimulating output convergence suggested, at a more general level, by previous research.

Item Type: Conference or Workshop Item (Paper)
Event Title: 9th Annual Meeting of the EEFS International Conference
Organising Body: European Economics And Finance Society
Research Area: Economics and econometrics
Faculty, School or Research Centre: Faculty of Arts and Social Sciences > School of Economics (until November 2012)
Depositing User: Andrea Ingianni
Date Deposited: 13 Oct 2010 11:33
Last Modified: 13 Oct 2010 11:33
URI: http://eprints.kingston.ac.uk/id/eprint/15921

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