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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1481 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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