Arbeitspapier
The Impact of EU Accession on Regional Business Cycle Synchronisation and Sector Specialisation
According to difference-in-difference estimates business cycle synchronisation and similarity in sector structures between acceding and pre-existing regions reduced after Eastern Enlargement. Results for Northern enlargement are more ambiguous. In both enlargements, however, region pairs affected by enlargement with highly synchronised business cycles before enlargement experienced smaller increases in business cycle synchronisation and weaker reductions of structural differences relative to similar unaffected region pairs than region pairs with less synchronised business cycles. Similarly, affected regions that were more similar in terms of sector structure before enlargement experienced larger reductions in structural differences and business cycle synchronisation than similar unaffected region pairs.
- Language
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Englisch
- Bibliographic citation
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Series: WIFO Working Papers ; No. 494
- Classification
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Wirtschaft
- Subject
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business cycle correlation
sector specialisation
EU enlargement
difference-in-difference
- Event
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Geistige Schöpfung
- (who)
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Bierbaumer-Polly, Jürgen
Huber, Peter
Rozmahel, Petr
- Event
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Veröffentlichung
- (who)
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Austrian Institute of Economic Research (WIFO)
- (where)
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Vienna
- (when)
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2015
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bierbaumer-Polly, Jürgen
- Huber, Peter
- Rozmahel, Petr
- Austrian Institute of Economic Research (WIFO)
Time of origin
- 2015