Enduring the great recession: Economic integration in the European Union

Peritz, Lauren; Weldzius, Ryan M.; Rogowski, Ronald; Flaherty, Thomas M.

doi:10.1007/s11558-020-09410-0

Cited by 7 publications

(4 citation statements)

References 44 publications

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“…While weak states might not fully use the opportunities offered by deep integration with the EU, this integration still provides more opportunities than threats for their developmental agency as in Vukov [ 8 ]. The common currency may have helped Eurozone members share risk as in Peritz et al [ 9 ]. This also leads to the problem framing of this research: in these countries, what is the economic impact of EU enlargement?…”

Section: Introductionmentioning

confidence: 99%

[Retracted] Can European Union (EU) Enlargement Boost Regional Economic Common Growth? Multi‐Period Difference‐in‐Difference (DID) Method

Zhao

Shi

2022

Journal of Environmental and Public Health

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Under the dual background of Britain’s blatant “Brexit” and the steady “expansion” of the European Union (EU) audit list, the economic effect of the development of regional alliances, in the end, is a question worthy of in-depth discussion. Using data from a sample of 27 EU member states from 2000 to 2018, this study examines and compares the impact of EU enlargement on economic growth for countries as a whole, developed and developing countries, and Central and Eastern European (CEE) countries using a multi-period difference-in-difference (DID) method and explores the mechanisms underlying that. The results show that EU enlargement contributes to the expected regional economic growth, and the effect is more evident in developed countries and CEE countries; the robustness of the results is tested by the dynamic effect test and counterfactual method; EU enlargement improves the spatial allocation of factor markets through regional integration, increases productivity, and positively promotes the overall national economic growth. As a typical quasi-natural experiment of the development of regional integration, the research results of this study on the enlargement of the EU provide a useful reference for the promotion of the development of cross-administrative integration around the world.

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Section: Introductionmentioning

confidence: 99%

[Retracted] Can European Union (EU) Enlargement Boost Regional Economic Common Growth? Multi‐Period Difference‐in‐Difference (DID) Method

Zhao

Shi

2022

Journal of Environmental and Public Health

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“…26 suffered effects of economic recession due to high interest rates, unemployment growth etc. [48]. In general, the economy of any country can fluctuate, which can be affected by various factors such as high inflation, oil crisis, financial crisis etc.…”

Section: Resultsmentioning

confidence: 99%

The cost of aging: Economic growth perspectives for Europe

et al. 2023

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This study explores the causal relationship between the economy and the elderly population in 15 European countries. The economy was measured by the Per Capita Gross Domestic Product growth rate, while the population aged above 65 as a percentage of the total was considered the elderly population. The data were obtained from a time series dataset published by the World Bank for six decades from 1961 to 2021. The Granger causality test was employed in the study to analyse the impact between the economy and the elderly population. An alternate approach, wavelet coherence, was used to demonstrate the changes to the relationship between the two variables in Europe over the 60 years. The findings from the Granger causality test indicate a unidirectional Granger causality from the economy to the elderly population for Luxembourg, Austria, Denmark, Spain, and Sweden, while vice versa for Greece and the United Kingdom. Furthermore, for Belgium, Finland, France, Italy, Netherlands, Norway, Portugal, and Turkey, Granger causality does not exist between the said variables. Moreover, wavelet coherence analysis depicts that for Europe, the elderly population negatively affected the economic growth in the 1960s, and vice versa in the 1980s.

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“…These differences within the countries cannot be easily explained because of the many factors that could have played a role in it. Although it is not within the scope of this article, it is worth mentioning some factors that might explain the FH-NFH heterogeneity between countries and within quartiles after the Great Recession, for example, the different timing of the entry in the EU, difference in credit availability and interest rates that create heterogeneous exposure to the financial crisis, the different structure of the farm sector with Romania and Poland being more commodity oriented and the significant variation The farm income problem in the EU in specialization between subnational regions, which drives geographic heterogeneity in economic outcomes such as unemployment, real wages and productivity (Milio et al 2014;Peritz et al 2022).…”

Section: Time Dynamics: the Role Of The Great Recessionmentioning

confidence: 99%

Assessing the Farm–Nonfarm Households' Income Gap along the Income Distribution in the European Union

Marino

Rocchi²,

Severini³

2023

J of Common Market Studies

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This article investigates the presence of a farm–nonfarm income gap along the income distribution in the European Union. Our findings show that the income disparity between farm and nonfarm households varies at the opposite poles of the distribution within and between countries. On average, farm households in the lowest quartile are worse off than nonfarm households in the same quartile, whilst farm households in the highest quartile are better off than their nonfarm counterpart. We also provide some evidence on the time dynamics of the farm–nonfarm households' income gap by looking at its evolution after the Great Recession. Finally, the policy implications stemming from the results are presented. In particular, the importance of re‐directing the Common Agricultural Policy public support in two main directions: from the richest farm households to the poorest farm households, to reduce within countries' inequality, and from the richest countries to the poorest countries, to reduce between countries' inequality.

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Enduring the great recession: Economic integration in the European Union

Cited by 7 publications

References 44 publications

[Retracted] Can European Union (EU) Enlargement Boost Regional Economic Common Growth? Multi‐Period Difference‐in‐Difference (DID) Method

[Retracted] Can European Union (EU) Enlargement Boost Regional Economic Common Growth? Multi‐Period Difference‐in‐Difference (DID) Method

The cost of aging: Economic growth perspectives for Europe

Assessing the Farm–Nonfarm Households' Income Gap along the Income Distribution in the European Union

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