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Is there economic convergence in the EU?: The case of the 2004 and 2007 expansions.
Jönköping University, Jönköping International Business School, JIBS, Economics, Finance and Statistics.
Jönköping University, Jönköping International Business School, JIBS, Economics, Finance and Statistics.
2015 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

One of the main objectives of the European Union is the economic convergence between member countries. In the following paper we examine how this objective has been met in the case of two of the most recent expansions of the union (in 2004 and 2007) for the periods 2001-2006 and 2001-2012. The model developed in this paper aims to find evidence for convergence, as well as determine some important causing factors of it. Furthermore, we look at the different speeds of convergence between the more recent and the older EU members. Our empirical work shows that convergence is present in the European Union in both periods discussed in the paper and has been faster in the group of new member states in the period 2001-2006. Moreover, we have concluded that migration turnover is significant factor fostering convergence, while the effect of corruption is ambiguous.

Place, publisher, year, edition, pages
2015.
Keyword [en]
convergence, Solow growth model
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:hj:diva-26865ISRN: JU-IHH-NAA-1-20150023OAI: oai:DiVA.org:hj-26865DiVA: diva2:815440
Presentation
2015-05-18, Jönköping, 20:54 (English)
Supervisors
Examiners
Available from: 2015-06-15 Created: 2015-05-31 Last updated: 2015-06-15Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf