000			01809nam a22002537a 4500
003			ZW-GwMSU
005			20240520101109.0
008			240520b |||||||| |||| 00| 0 eng d
022			_a08887233
040			_aMSU _bEnglish _cMSU _erda
050	0	0	_aHB90 COM
100	1		_aBöwer, Uwe _eauthor
245	1	0	_aEU Accession: A Road to Fast-track Convergence _ccreated by Uwe Böwer and Alessandro Turrini
264	1		_aHampshire: _bPalgrave Macmillan, _c2010
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
440			_aComparative economic studies _vVolume 52, number 2
520	3		_aThis paper investigates the accession-related economic boom in the countries which recently entered the European Union (EU). The analysis tests whether, on top of the standard growth determinants, the period of EU accession made a significant difference to the growth performance of the new member states (NMS). The paper finds that the period of EU accession is characterised by significantly larger growth rates of per-capita GDP, even after controlling for a wide range of economic and institutional factors. This effect is robust and particularly strong for countries with relatively low initial income levels, weak institutional quality and less advanced financial development, suggesting that EU accession has been speeding up the catching-up process and improved the institutions of the laggards among the NMS. The prospect of EU membership which has triggered large capital inflows seems to have fostered economic growth of those NMS with lower degrees of financial depth.
650			_aEU accession _vEconomic growth _xConvergence
700	1		_aTurrini, Alessandro _eco-author
856			_uhttps://doi.org/10.1057/ces.2010.7
942			_2lcc _cJA
999			_c165554 _d165554