Publication
Sep 2002
This paper examines whether economic integration promotes interdependent growth in developed countries. It concludes that this is indeed the case for advanced Organization for Economic Cooperation and Development (OECD) countries and that, for countries belonging to the EU, through successive enlargements, the effect is even stronger. More precisely, if every trade actor in a given country experiences an extra 1 percentage point of growth, the economy will profit from a 0.5 percent increase in growth. If the country belongs to the EU, it will experience an additional 0.2 percentage points of growth.
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English (PDF, 16 pages, 597 KB) |
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Author | María Garcia-Vega, José A Herce |
Series | CEPS ENEPRI Working Papers |
Issue | 11 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2002 Centre for European Policy Studies (CEPS) |