Arbeitspapier

Backwardness, Industrialisation and Economic Development in Europe

The present work uses long-term economic development data (1952-2010) as well as a detailed industry-level panel data (1963-2011) to analyse industrialisation patterns in Europe, implications of economic backwardness and the role of European integration in facilitating industrialisation and development. We find evidence of some income convergence in Europe, but mostly in countries that were able to exploit the ‘advantages of (mild) backwardness'. Regions of extensive backwardness such as the Balkans had difficulties to catch up. Membership in the European Union helped especially more backward economies to develop faster.

Language
Englisch

Bibliographic citation
Series: wiiw Balkan Observatory Working Papers ; No. 123

Classification
Wirtschaft
Industrialization; Manufacturing and Service Industries; Choice of Technology
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Institutions and Growth
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Subject
Economic development
economic growth
industrialisation
urbanisation

Event
Geistige Schöpfung
(who)
Adarov, Amat
Holzner, Mario
Sikic, Luka
Event
Veröffentlichung
(who)
The Vienna Institute for International Economic Studies (wiiw)
(where)
Vienna
(when)
2016

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Adarov, Amat
  • Holzner, Mario
  • Sikic, Luka
  • The Vienna Institute for International Economic Studies (wiiw)

Time of origin

  • 2016

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