Regional Business-Cycle Synchronization, Sector Specialization and EU Accession

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F16%3A43907932" target="_blank" >RIV/62156489:43110/16:43907932 - isvavai.cz</a>

Result on the web

<a href="http://dx.doi.org/10.1111/jcms.12296" target="_blank" >http://dx.doi.org/10.1111/jcms.12296</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1111/jcms.12296" target="_blank" >10.1111/jcms.12296</a>

Result language

angličtina

Original language name

Regional Business-Cycle Synchronization, Sector Specialization and EU Accession

Original language description

We examine the effects of Eastern and Northern enlargement of the EU on regional business-cycle synchronization and sector specialization. Difference-in-difference estimates show that cyclical synchronicity decreased and differences in sector structure increased in acceding region-pairs after Eastern enlargement. For Northern enlargement, results are more ambiguous. Moreover, in both enlargement episodes, region-pairs with highly synchronous business cycles before accession experienced weaker cyclical and structural convergence than region-pairs with less synchronous cycles. Likewise, region-pairs with more similar sector structures before accession experienced stronger divergence (or weaker convergence) of structural similarity and business-cycle synchronicity after the enlargement. We argue that these results call for developing more differentiated hypotheses on EU enlargement&apos;s effects on business-cycle synchronization and sector specialization.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of Common Market Studies

ISSN

0021-9886

e-ISSN

—

Volume of the periodical

54

Issue of the periodical within the volume

3

Country of publishing house

US - UNITED STATES

Number of pages

25

Pages from-to

544-568

UT code for WoS article

000374335700004

EID of the result in the Scopus database

2-s2.0-84938304360