2010
DOI: 10.1057/ces.2010.7
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EU Accession: A Road to Fast-track Convergence?

Abstract: This paper investigates the accession-related economic boom in the countries which recently entered the European Union. The analysis tests whether, on top of the standard growth determinants, the period of EU accession made a signi…cant di¤erence to the growth performance of the New Member States (NMS). The paper …nds that the period of EU accession is characterised by signi…cantly larger growth rates of per-capita GDP, even after controlling for a wide range of economic and institutional factors. This e¤ect i… Show more

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Cited by 16 publications
(10 citation statements)
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“…Results are presented for a donor pool of countries taken from Bower and Turrini (2010). The reported results are robust to dramatic changes in donor pool (from the whole world to selected EU neighbors); these are available from the authors upon request.…”
Section: Notes On Figure 1 To 3: Synthetic Counterfactual Resultsmentioning
confidence: 99%
“…Results are presented for a donor pool of countries taken from Bower and Turrini (2010). The reported results are robust to dramatic changes in donor pool (from the whole world to selected EU neighbors); these are available from the authors upon request.…”
Section: Notes On Figure 1 To 3: Synthetic Counterfactual Resultsmentioning
confidence: 99%
“…Empirical studies concluded that EU accessions stepped up growth, even after accounting for the favorable global context 2 in the 2004-07 accessions. 3 Böwer and Turrini (2009) found that EU-NMS growth was higher during the EU-accession period -after controlling for standard growth drivers and dummies variables to account for the favorable context. Campos, Coricelli, and Moretti (2014) concluded that growth in EU-candidate countries soared in anticipation of the 2004 EU-enlargement.…”
Section: B What Are the Drivers Of Growth In Albania?mentioning
confidence: 99%
“…For Serbia, which is currently a candidate country for EU membership, the experience in pre-accession negotiations of New Member States (NMS), i.e., Central and Eastern Europe (CEE) are a valuable benchmark for future integration processes. Böwer and Turrini [5] investigated the effects of EU accession on NMS, and they concluded that this region has widely benefited from economic and institutional integration with the EU. The socioeconomic growth recorded in NMS after the recovery from transition shock in the early 1990s has been impressive.…”
Section: Introductionmentioning
confidence: 99%