Cieślik, Andrzej; Turgut, Mehmet Burak - In: Journal of Risk and Financial Management 14 (2021) 3, pp. 1-15
In this paper, we study the growth effects of the 2004 Eastern enlargement of the European Union (EU) using the … synthetic control method. We estimate that this EU enlargement had an immediate but modest positive impact on the economic … growth of the EU-8 countries in the first few years following their EU accession. The positive impact of the EU enlargement …