Bientôt fans, merci !
Pourquoi pas vous ?
Facebook J'aime Paris 1

Publication scientifique à la une


Nauro Campos, Fabrizio Coricelli, Luigi Moretti, "Institutional Integration and Economic Growth in Europe", Journal of Monetary Economics, Elsevier, In press 2019.



Résumé :


The literature on the growth effects of European integration remains inconclusive. This is due to severe methodological difficulties mostly driven by country heterogeneity.

This paper addresses these concerns using the synthetic control method. It constructs counterfactuals for countries that joined the European Union (EU) from 1973 to 2004.

We find that growth effects from EU membership are large and positive, with Greece as the exception. Despite substantial variation across countries and over time, we estimate that without European integration, per capita incomes would have been, on average, approximately 10% lower in the first ten years after joining the EU.


Codes JEL : C33, N14, N44, O52.




DOI : 10.1016/j.jmoneco.2018.08.001


Appendix. Supplementary materials


Dépôt sur HAL : hal-01881789


Précédentes Publications Scientifiques à la Une

"Testing for leverage effects in the returns of US equities"

De Christophe Chorro, Dominique Guégan, Florian Ielpo, Hanjarivo Lalaharison, Journal of Empirical Finance (2018)

"Development, fertility and childbearing age: A Unified Growth Theory"

De Hippolyte D'Albis, Angela Greulich, Grégory Ponthière, Journal of Economic Theory (2018)

Arab spring protests and women's labor market outcomes: Evidence from the Egyptian revolution

De Nelly El-Mallakh, Mathilde Maurel, Biagio Speciale, Journal of Comparative Economics (2018)

A Schumpeterian theory of multi-quality firms

De Hélène Latzer (Journal of Economic Theory, 2018)

Incidence of Bank Levy and Bank Market Power

De Gunther Capelle-Blancard et Olena Havrylchyk


Choix de la publication

Chaque mois, le comité éditorial sélectionne une publication scientifique parmi celles déposées dans HAL par les membres du laboratoire. Le comité éditorial est composé du comité de direction.