Ferreira Campos, N;
Coricelli, F;
Franceschi, E;
(2022)
Institutional Integration and Productivity Growth: Evidence from the 1995 Enlargement of the European Union.
European Economic Review
, 142
, Article 104014. 10.1016/j.euroecorev.2021.104014.
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Abstract
This paper studies the productivity effects of integration deepening. The identification strategy exploits the 1995 European Union (EU) enlargement, when all candidate countries joined the Single Market but one — Norway — did not join the EU. Our synthetic difference-in-differences estimates on sectoral and regional data suggest had Norway chosen deeper integration, the average Norwegian region would have experienced an increase in yearly productivity growth of about 0.6 percentage points. This method also helps determining the sources of heterogeneity, apparently inherent to integration, highlighting higher costs of the missed deeper integration for more peripheral regions and industrial sector.
| Type: | Article |
|---|---|
| Title: | Institutional Integration and Productivity Growth: Evidence from the 1995 Enlargement of the European Union |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1016/j.euroecorev.2021.104014 |
| Publisher version: | https://doi.org/10.1016/j.euroecorev.2021.104014 |
| Language: | English |
| Additional information: | © 2022 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). |
| Keywords: | Institutional integration, Economic integration, Productivity growth, European Union, European Economic Area |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10139505 |
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