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What is the effect of EU membership on economic growth?. Questions. Selection Question: What are the circumstances surrounding EU membership? Performance Question: What is the effect of EU membership on economic growth?. Case Studies. EU-15 Member Countries France, United Kingdom
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Questions • Selection Question: What are the circumstances surrounding EU membership? • Performance Question: What is the effect of EU membership on economic growth?
Case Studies • EU-15 Member Countries • France, United Kingdom • New EU Member Countries • Poland, Slovakia • EU Candidate Countries • Turkey, Croatia • Non-EU Countries • Russia, Switzerland
Methodology: EU Member • Measure of economic growth: change in GDP per capita per year using Chain model • % in 2005 Constant Prices • Calculate average change in GDP/capita/year before and after joining EU • Specific years varied for each country • Compare
Methodology: EU Candidate • Calculate average change in GDP/capita/year for 5 years before becoming an EU candidate and: • Turkey (1999): 8 years after • Croatia (2004): 3 years after • Macedonia (2005): 2 years after • Compare
Methodology: Non-Member • Calculate average change in GDP/capita/year from 1991-2007 • Compare to average change for EU member countries and EU candidate countries
Data • Member v. Non-Member (Performance) • Member v. Candidate (Selection)
Conclusion EU membership = GOOD! BUT Conditions surrounding membership or the membership itself?