G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1481
DP1481 Is a Two-speed System in Europe the Answer to the Conflict between the German and the Anglo-Saxon Models of Monetary Control?
Andrew Hughes Hallett; Maria Demertzis
发表日期1996-09-30
出版年1996
语种英语
摘要This paper deals with the effects of European integration in the EC and EFTA on economic growth. Base regressions suggest that EC and EFTA memberships do in fact have a positive and significant effect on economic growth, and that there is no significant difference between EC and EFTA membership. This result is not completely robust with respect to changes in the set of control variables and to measurement errors. Nonetheless, the results suggest that regional integration may not only affect resource allocation, but also long-run growth rates. This conclusion is strengthened by the fact that we obtain similar results when we use panel data for a sample of OECD countries. In addition, we explore possible indirect effects of regional integration.
主题International Trade and Regional Economics
关键词Economic growth European integration Long-run growth Regional integration
URLhttps://cepr.org/publications/dp1481
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530619
推荐引用方式
GB/T 7714
Andrew Hughes Hallett,Maria Demertzis. DP1481 Is a Two-speed System in Europe the Answer to the Conflict between the German and the Anglo-Saxon Models of Monetary Control?. 1996.
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