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Differentiation of Innovation Behavior of Manufacturing Firms in the New Member States. Cluster Analysis on Firm-Level Data


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Ostatnia aktualizacja
2010-02-19


CASE Network Studies and Analyses
Nr 386   EU`s Eastern Neighbours: Institutional Harmonisation and Potential Growth Bonus
Autorzy: Artur Radziwiłł
Paweł Smietanka
Seria wydawnicza: CASE Network Studies and Analyses
Rok wydania: 2009
Projekt: Wschodnie sąsiedztwo Unii Europejskiej - potencjał ekonomiczny i przyszły rozwój [ENEPO]

Abstract
This paper provides the quantitative estimate of the potential growth bonus for CIS countries, and in particular EU's Easter Neighbours, that can be a result of deeper institutional harmonisation with the EU. Econometric investigation involving instrumental variable, simultaneous equation and dynamic panel techniques documents the strong positive link between growth performance and reforms, as well as between reforms and European integration. The paper derives the range of possible values of growth bonus from the deepened neighbourhood cooperation between 1 and 3.8 with the median at 1.8 percentage points. The least growth bonus is expected through basic liberalization reforms, while countries with a considerable institutional gap are likely to gain the most.

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