The accumulation of the human capital stock plays a key role to explain the economic performance across regions. However, empirical evidence for this claim has been not very convincing, probably due to low quality of the data. This paper provides a robustness analysis of alternative human...

Structural funds are the most intensively used policy instrument by the EuropeanUnion to promote economic growth in its member states and to speed up the process ofconvergence. This paper empirically explores the effectiveness of European Structural Fundsby means of a panel data analysis for 13...

This paper purports to apply the balance of payments constrainedgrowth model to explain the European growth performance in the last forty years and to discuss the likely prospects for the future. After a formal reconsideration of the long-run and short-run arguments supporting the validity of...

Die europäische Integration, die in den 1950er Jahren einsetzte, zielt auch darauf ab, die Wirtschaftskraft der teilnehmenden Volkswirtschaften anzugleichen. In den vergangenen sechs Dekaden zeigte sich insgesamt eine absolute und relative Erhöhung der Pro-Kopf-Einkommen der zuvor ärmeren...

Mit dem Beitritt zur Europäischen Union im Jahr 2004 wurden zehn neue Mitgliedstaaten in den europäischen Binnenmarkt integriert. Der Warenaustausch intensivierte sich bereits vor dem Beitritt deutlich, da die meisten Zölle und nicht-tarifären Handelshemmnisse schon in den 1990er Jahren...

The economic crisis affected the Central and Eastern European economic spatial structure and reshaped perspectives at the European Union and international levels. Whereas Western Europe's stable economic system has entered maturity, Eastern Europe's economic landscape is still constantly...

The paper undertakes an empirical analytical assessment of some of the determinants of economic growth in the EU during the past decade, with a specific focus on the Central and Eastern European (CEE) members of the EU. The methodology is based on a combination of different statistical methods...

This paper empirically tests the hypothesis that landed elites may block technological change and economic development if they fear that they will lose future political power (Acemoglu and Robinson (2002, 2006, and 2012). It exploits a plausible exogenous change in the distribution of political...