Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Is the European Union growing closer or apart?: A quantitative study examining the EU and its growth characteristics
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics.
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics.
2019 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

In the aftermath of the Brexit referendum, a public debate both whether membership in the European Union and the implementation of the euro, by joining the European Monetary Union provide economic benefits, is heating up and is a popular topic within the political scene. This has resulted in member states starting to doubt if it makes fiscal sense to stay in the union. However, the existing studies unanimously point towards the EU has a positive effect on growth. Our study analyzes and attempts to conclude if there is economic convergence within the European Union. We also differentiate between countries adopting the euro in addition to EU memberships in order to see if they provide additional growth effects. The time frame ofthe model is between 1995 and 2017. During these 22 years, the study concludes economic convergence within the EU, which is especially desirable for developing countries. However, we found no supporting evidence of joining the EMU to have neither lower nor higher growth. By returning to the public debate, we would favor joining the European Union but be hesitant to adopt the euro by joining the common currency area.

Place, publisher, year, edition, pages
2019.
National Category
Economics
Identifiers
URN: urn:nbn:se:umu:diva-161349OAI: oai:DiVA.org:umu-161349DiVA, id: diva2:1334269
Available from: 2019-07-02 Created: 2019-07-02 Last updated: 2019-07-02Bibliographically approved

Open Access in DiVA

Is the European Union growing closer or apart?(965 kB)33 downloads
File information
File name FULLTEXT01.pdfFile size 965 kBChecksum SHA-512
4781294d2f78dce680a743376f4224df49cd3caba7adc340d815cc6dd4c70631fd5988751ba5f6426160f390c15cba3acb346d622743252182cf9d78fe0d4de3
Type fulltextMimetype application/pdf

By organisation
Economics
Economics

Search outside of DiVA

GoogleGoogle Scholar
Total: 33 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 137 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf