with Fabrizio Coricelli and Luigi Moretti
This paper presents new estimates of the economic benefits from economic
and political integration.
Using the synthetic counterfactuals method, we estimate how GDP per capita and labour productivity
would have behaved for the countries that joined the European Union (EU) in the 1973, 1980s, 1995
and 2004 enlargements, if those countries had not joined the EU. We find large positive effects from
EU membership but these differ across countries and over time (they are only negative for Greece).
We calculate that without deep economic and political integration, per capita incomes would have
been, on average, approximately 12 percent lower.
Download working paper version (May 2014): IZA DP CEPR DP
Summaries of this paper: VoxEu (poorer countries) VoxEu (richer countries) The Economist
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