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Join to Prosper?

Author

Listed:
  • Andersen, Thomas Barnebeck

    (Department of Business and Economics)

  • Barslund, Mikkel

    (Centre for European Policy Studies)

  • Vanhuysse, Pieter

    (Department of Political Science and Public Management)

Abstract

We ask whether EU membership has been associated with increased domestic economic growth. Using different causal identification strategies, different time periods, different country samples, and different datasets, we are unable to demonstrate the presence of a membership growth premium. This may reflect that GDP data are too noisy and/or causal identification too complicated, in which case we should remain agnostic about the EU’s growth impact. Alternatively, it may reflect that EU membership simply has no effect on prosperity.

Suggested Citation

  • Andersen, Thomas Barnebeck & Barslund, Mikkel & Vanhuysse, Pieter, 2016. "Join to Prosper?," Discussion Papers on Economics 2/2016, University of Southern Denmark, Department of Economics.
    • Handle: RePEc:hhs:sdueko:2016_002
    as

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    File URL: http://www.sdu.dk/-/media/files/om_sdu/institutter/ivoe/disc_papers/disc_2016/dpbe2_2016.pdf?la=da
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    References listed on IDEAS

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    More about this item

    Keywords

    EU membership; economic growth; single market;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • F45 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Macroeconomic Issues of Monetary Unions
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General

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