The Central and Eastern European countries and the European Union:
Gespeichert in:
| Format: | Buch |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Cambridge [u.a.]
Cambridge Univ. Press
2006
|
| Ausgabe: | 1. publ. |
| Schlagworte: | |
| Online-Zugang: | Table of contents Inhaltsverzeichnis Klappentext Inhaltsverzeichnis |
| Beschreibung: | Includes bibliographical references |
| Beschreibung: | XXI, 398 S. graph. Darst., Kt. |
| ISBN: | 0521849543 9780521849548 |
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| 650 | 7 | |a Toetredingen |2 gtt | |
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Datensatz im Suchindex
| _version_ | 1820135359861751808 |
|---|---|
| adam_text |
The accession often new members to the European Union
on
in the history of European integration. Based upon studies
conducted by the European Forecasting Network, this book
analyses key aspects of the impact of this recent
enlargement with reference to eight of the ten new Member
states, namely the central and Eastern European countries
(ceecs). it demonstrates that the enlargement could have
profound consequences on both the new Member States and
on the pre-accession members of the union, given the
unparalleled magnitude of the enlargement, the fact that
the CEECs have levels of prosperity and economic
development well below the union average, and their
history of participation in centrally planned regimes. The
contributions examine regional policy, the debate about
accession to the emu, the
Central and Eastern European economies to date and their
likely future development.
Michael ARTis
University Institute in Florence and Professor of Economics at
the University of Manchester.
ANINDYA BANERJEE is Professor of Economics at the
European university institute and a Fellow of Wadham
college, Oxford.
MASSIMIUANO marcellino is Professor of Econometrics
at
CONTENTS LIST OF FIGURES PAGE X LIST OF TABLES XIII NOTES ON THE
CONTRIBUTORS XVII ACKNOWLEDGMENTS XX INTRODUCTION 1 MICHAEL ARTIS,
ANINDYA BANERJEE AND MASSIMILIANO MARCELLINO NEW MEMBER STATES:
MACROECONOMIC OUTLOOK AND FORECASTS 9 EMILIO ROSSI AND ZBYSZKO
TABERNACKI 1.1 THE RECENT ECONOMIC RECOVERY IN THE NEW MEMBER STATES 9
1.2 INFLATION'S TEMPORARY RESURGENCE NOT YET A CONCERN 12 1.3 THE RUSH
TO THE EURO: A DOSE OF REALISM 13 1.4 FISCAL CHALLENGES AND INTEREST
RATE CONVERGENCE 16 1.5 COUNTRY OVERVIEWS 17 1.5.1 POLAND'S EXPANSION TO
CONTINUE BEYOND 2005 17 1.5.2 THE CZECH REPUBLIC TO RELY ON EXTERNAL
DEMAND AND INVESTMENT 20 1.5.3 HUNGARY'S MANUFACTURING SECTOR AND
INVESTMENT ARE DRIVING ACCELERATED GROWTH 23 1.5.4 FISCAL REFORMS PLACE
SLOVAKIA AS THE MOST PROGRESSIVE COUNTRY IN CENTRAL EUROPE 26 1.5.5
SLOVENIA LOOKS TO NET EXPORTS TO BOOST GROWTH 29 1.5.6 THE BALTIC AGAIN
TO SET THE PACE FOR ECONOMIC GROWTH AMONG THE NEW MEMBER STATES 32 1.5.7
CYPRUS AND MALTA 40 THE ASYMMETRIC IMPACT OF ENLARGEMENT ON OLD AND NEW
MEMBER STATES: A GENERAL EQUILIBRIUM APPROACH 45 MOHAMED HEDI BCHIR,
LIONEL FONTAGNE AND PAOLO ZANGHIERI 2.1 INTRODUCTION 45 2.2 THE
PRE-ENLARGEMEM SITUATION 50 VI CONTENTS 2.3 GENERAL EQUILIBRIUM
DIMENSIONS OF ENLARGEMENT 52 2.4 FROM TRADE LIBERALIZATION TO DEEP
ECONOMIC INTEGRATION 56 2.4.1 'TRADE LIBERALIZATION' 58 2.4.2 'MARKET
INTEGRATION' 60 2.4.3 'ACCESSION' 61 2.4.4 COMPARISON OF DYNAMICS ACROSS
SCENARIOS 65 2.5 COMPARISON WITH OTHER STUDIES USING A SIMILAR
METHODOLOGY 68 2.6 CONCLUSIONS 71 REFERENCES 73 CHANGES IN THE SPATIAL
DISTRIBUTION PATTERNS OF EUROPEAN REGIONAL ACTIVITY: THE ENLARGEMENTS OF
THE MID-1980S AND 2004 75 TONI MORA, ESTHER VAYA AND JORDI SURINACH 3.1
INTRODUCTION 75 3.2 SPATIAL AGGLOMERATION MODELS: THEORETICAL ASPECTS
AND EMPIRICAL EVIDENCE 77 3.2.1 WHAT HAVE WE LEARNED FROM SPATIAL
MODELS? 77 3.2.2 WHAT DOES THE PREVIOUS EVIDENCE OF EMPIRICAL SPATIAL
SPECIALISATION SUGGEST? 79 3.3 DEFINING DATA AND INDICES 81 3.4 ANALYSIS
OF THE DISTRIBUTION OF THE EVOLUTION OF SPATIAL ACTIVITY, 1985-95 82 3.5
THE EFFECTS OF THE NEW ENLARGEMENT ON THE DISTRIBUTION OF ACTIVITY: FROM
KU-15 TO EU-27 3.6 CONCLUSIONS REFERENCES FORECASTING MACROECONOMIC
VARIABLES FOR THE NEW MEMBER STATES ANINDYA BANERJEE, MASSIMILIANO
MARCELLINO AND IGOR MASTEN 4.1 INTRODUCTION 4.2 METHODOLOGY 4.2.1 FOREC
A STING MODELS 4.2.2 FORECAST COMPARISON 4.3 THE DATA 4.4 FORECASTING
RESULTS 4.4.1 THE CZECH REPUBLIC 4.4.2 HUNGARY 4.4.3 POLAND 4.4.4
SLOVAKIA 4.4.5 SLOVENIA 4.4.6 THE ROLE OF EURO AREA INFORMATION 4.4.7
1(2) PRICES, WAGES AND MONEY 4.5 CONCLUSIONS REFERENCES 91 103 105 108
108 109 110 113 113 115 115 119 122 125 125 130 132 132 133 CONTENTS VII
5 THE CYCLICAL EXPERIENCE OF THE NEW MEMBER STATES 135 MICHAEL ARTIS,
MASSIMILIANO MARCELLINO AND TOMMASO PROIETTI 5.1 INTRODUCTION 135 5.2
THE SALIENCE OF THE TOPIC 135 5.3 OUR APPROACH 137 5.4 APPLICATION AND
RESULTS 140 5.4.1 CLASSICAL CYCLES 140 5.4.2 GROWTH RATE CYCLES 143
5.4.3 DEVIATION CYCLES 145 5.4.4 COMPARISON WITH RECENT STUDIES 149 5.5
CONCLUSIONS 151 REFERENCES 152 APPENDIX: THE DATING ALGORITHM 154 6
DEMAND AND SUPPLY SHOCKS IN THE NEW MEMBER STATES 159 RAUL RAMOS AND
JORDI SURINACH 6.1 INTRODUCTION 159 6.2 ASYMMETRIC SHOCKS AND THE
OPTIMUM CURRENCY AREAS APPROACH 161 6.3 EMPIRICAL ANALYSIS 162 6.3.1
SOME DESCRIPTIVE STATISTICS 162 6.3.2 DEMAND AND SUPPLY SHOCKS: THE
BAYOUMI AND EICHENGREEN (1992) MODEL 167 6.3.3 A DYNAMIC ANALYSIS OF THE
DEGREE OF SHOCK SYMMETRY IN THE NEW MEMBER STATES 175 6.4 CONCLUSIONS
182 REFERENCES 183 7 MONETARY TRANSMISSION IN THE NEW MEMBER STATES 185
RAUL RAMOS AND JORDI SURINACH 7.1 INTRODUCTION 185 7.2 REVIEW OF THE
EMPIRICAL LITERATURE ON MONETARY TRANSMISSION IN THE NEW MEMBER STATES
187 7.3 EMPIRICAL EVIDENCE 191 7.3.1 METHODOLOGY AND DATA 191 7.3.2
MONETARY TRANSMISSION IN THE EURO AREA 192 7.3.3 MONETARY TRANSMISSION
IN THE NEW MEMBER STATES 198 7.4 CONCLUSIONS 214 REFERENCES 216 8
PROMOTING FISCAL RESTRAINT IN THREE CENTRAL EUROPEAN MEMBER STATES 219
EMILIO ROSSI AND ZBYSZKO TABERNACKI 8.1 INTRODUCTION 219 8.2 BACKGROUND
220 8.3 THE WEAK POINT OF MEDIUM-TERM BUDGETARY PLANNING 221 8.4 PUBLIC
FINANCE IN THE PRE-ACCESSION ECONOMIC PROGRAMMES 224 8.5 SCENARIOS 229
VIII CONTENTS 8.5.1 THE'OFFICIAL'SCENARIO 230 8.5.2 THE BASELINE
SCENARIO 231 8.5.3 THE 'EXPANSION/AUSTERITY' SCENARIO 232 8.5.4 THE
'FISCAL PRUDENCE' SCENARIO 232 APPENDIX A: THE RESULTS OF FISCAL
SCENARIOS FOR THE CE-3 ECONOMIES 233 APPENDIX B: COUNTRY CASE STUDIES
234 9 CURRENT ACCOUNT DYNAMICS IN THE NEW MEMBER STATES 245 PAOLO
ZANGHIERI 9.1 INTRODUCTION 245 9.2 BASIC IDENTITIES AND SOME STYLISED
FACTS 246 9.3 HOW IMPORTANT IS THE CURRENT ACCOUNT? 248 9.4
METHODOLOGIES FOR ASSESSING SUSTAINABILITY 249 9.5 MODELLING THE CURRENT
ACCOUNT 252 9.6 A SIMPLE ECONOMETRIC MODEL 253 9.6.1 THE MODEL 253 9.6.2
PROJECTIONS 256 9.7 POLICY ISSUES 262 9.7.1 INCREASING THE SAVING RATE?
262 9.7.2 EARLY ADOPTION OF THE EURO: IS IT WISE? 265 9.8 CONCLUSIONS
267 REFERENCES 268 APPENDIX A: DATA 271 APPENDIX B: SHORT-AND LONG-TERM
DETERMINANTS OF THE CURRENT ACCOUNT 271 10 CHALLENGES TO BANKING SECTOR
STABILITY IN SELECTED NEW MEMBER STATES 274 CHARLES MOVIT 10.1
INTRODUCTION 274 10.2 PROGRESS TO DATE IN RESTRUCTURING THE BANKING
SECTORS 275 10.2.1 PRIVATISATION OF THE BANKING SECTORS 275 10.2.2
RESTRUCTURING: THE CZECH CASE 277 10.2.3 RESTRUCTURING: THE POLISH CASE
278 10.2.4 RESTRUCTURING: THE ROMANIAN CASE 280 10.2.5 EASING THE BURDEN
OF NON-PERFORMING LOANS 280 10.2.6 RESTRUCTURING AND CONCENTRATION IN
THE BANKING SECTORS 284 10.3 CURRENT INDICATORS OF OPERATIONAL
EFFICIENCY AND FINANCIAL STABILITY 286 10.4 BANK REGULATION AND
SUPERVISION 295 10.5 CHALLENGES TO THE BANKING SECTORS IN THE RUN-UP TO
ACCESSION AND THE EURO, AND POLICY IMPLICATIONS 298 10.6 CONCLUSIONS 304
REFERENCES 305 11 INFRASTRUCTURE INVESTMENTS AS A TOOL FOR REGIONAL
DEVELOPMENT POLICY: LESSONS FROM THE SPANISH EVIDENCE 306 ROSINA MORENO,
ENRIQUE LOPEZ-BAZO AND MANUEL ARTIS 11.1 INTRODUCTION 306 CONTENTS IX
11.2 MODEL SPECIFICATION 309 11.3 DATA AND SPATIAL EXPLORATORY ANALYSIS
313 11.4 EMPIRICAL ANALYSIS 321 11.5 CONCLUSIONS 327 REFERENCES 330 12
TFP, COSTS AND PUBLIC INFRASTRUCTURE: AN EQUIVOCAL RELATIONSHIP 333
ELIANA LA FERRARA AND MASSIMILIANO MARCELLINO 12.1 INTRODUCTION 333 12.2
THE THEORETICAL FRAMEWORK 336 12.2.1 THE TOTAL FACTOR PRODUCTIVITY
APPROACH 337 12.2.2 THE PRODUCTION FUNCTION APPROACH 338 12.2.3 THE COST
FUNCTION APPROACH 339 12.3 THE DATA 340 12.3.1 DATA SOURCES AND
DEFINITIONS 340 12.3.2 OUTPUT, PRIVATE INPUTS AND TFP 343 12.4 THE ROLE
OF PUBLIC CAPITAL 345 12.4.1 RESULTS FROM GROWTH ACCOUNTING 345 12.4.2
RESULTS FROM THE PRODUCTION FUNCTION APPROACH 347 12.4.3 RESULTS FROM
THE COST FUNCTION APPROACH 350 12.4.4 COMPARING THE RESULTS 351 12.4.5
CAUSALITY AND SENSITIVITY ANALYSIS 352 12.5 CONCLUSIONS 355 REFERENCES
357 APPENDIX A: THE DATA 359 APPENDIX B: COBB-DOUGLAS COST FUNCTION 361
APPENDIX C: GENELALISED LEONTIEF COST FUNCTION 363 13 REGIONAL POLICIES
AFTER THE EU ENLARGEMENT 365 MICHELE BOLDRIN 13.1 INTRODUCTION 365 13.2
INITIAL CONDITIONS AND SIMULATIONS OF THE FUTURE 366 13.2.1 PER CAPITA
INCOME AND LABOUR PRODUCTIVITY 366 13.2.2 SAVING AND INVESTMENT 366
13.2.3 LABOUR MARKET 368 13.2A GROWTH ACCOUNTING 369 13.2.5 REGIONAL
INEQUALITIES IN THE NEW MEMBER STATES 373 13.2.6 A SIMULATION EXERCISE
374 13.3 PRINCIPLES, INSTRUMENTS AND JURISDICTION 378 13.3.1 WHICH
ECONOMIC PRINCIPLES? 378 13.3.2 WHICH POLICY INSTRUMENTS? 380 13.3.3
WHICH POLICIES? 381 13.3.4 WHICH JURISDICTION? 382 13.4 CONCLUSIONS 383
REFERENCES 385 INDEX 387 |
| adam_txt |
The accession often new members to the European Union
on
in the history of European integration. Based upon studies
conducted by the European Forecasting Network, this book
analyses key aspects of the impact of this recent
enlargement with reference to eight of the ten new Member
states, namely the central and Eastern European countries
(ceecs). it demonstrates that the enlargement could have
profound consequences on both the new Member States and
on the pre-accession members of the union, given the
unparalleled magnitude of the enlargement, the fact that
the CEECs have levels of prosperity and economic
development well below the union average, and their
history of participation in centrally planned regimes. The
contributions examine regional policy, the debate about
accession to the emu, the
Central and Eastern European economies to date and their
likely future development.
Michael ARTis
University Institute in Florence and Professor of Economics at
the University of Manchester.
ANINDYA BANERJEE is Professor of Economics at the
European university institute and a Fellow of Wadham
college, Oxford.
MASSIMIUANO marcellino is Professor of Econometrics
at
CONTENTS LIST OF FIGURES PAGE X LIST OF TABLES XIII NOTES ON THE
CONTRIBUTORS XVII ACKNOWLEDGMENTS XX INTRODUCTION 1 MICHAEL ARTIS,
ANINDYA BANERJEE AND MASSIMILIANO MARCELLINO NEW MEMBER STATES:
MACROECONOMIC OUTLOOK AND FORECASTS 9 EMILIO ROSSI AND ZBYSZKO
TABERNACKI 1.1 THE RECENT ECONOMIC RECOVERY IN THE NEW MEMBER STATES 9
1.2 INFLATION'S TEMPORARY RESURGENCE NOT YET A CONCERN 12 1.3 THE RUSH
TO THE EURO: A DOSE OF REALISM 13 1.4 FISCAL CHALLENGES AND INTEREST
RATE CONVERGENCE 16 1.5 COUNTRY OVERVIEWS 17 1.5.1 POLAND'S EXPANSION TO
CONTINUE BEYOND 2005 17 1.5.2 THE CZECH REPUBLIC TO RELY ON EXTERNAL
DEMAND AND INVESTMENT 20 1.5.3 HUNGARY'S MANUFACTURING SECTOR AND
INVESTMENT ARE DRIVING ACCELERATED GROWTH 23 1.5.4 FISCAL REFORMS PLACE
SLOVAKIA AS THE MOST PROGRESSIVE COUNTRY IN CENTRAL EUROPE 26 1.5.5
SLOVENIA LOOKS TO NET EXPORTS TO BOOST GROWTH 29 1.5.6 THE BALTIC AGAIN
TO SET THE PACE FOR ECONOMIC GROWTH AMONG THE NEW MEMBER STATES 32 1.5.7
CYPRUS AND MALTA 40 THE ASYMMETRIC IMPACT OF ENLARGEMENT ON OLD AND NEW
MEMBER STATES: A GENERAL EQUILIBRIUM APPROACH 45 MOHAMED HEDI BCHIR,
LIONEL FONTAGNE AND PAOLO ZANGHIERI 2.1 INTRODUCTION 45 2.2 THE
PRE-ENLARGEMEM SITUATION 50 VI CONTENTS 2.3 GENERAL EQUILIBRIUM
DIMENSIONS OF ENLARGEMENT 52 2.4 FROM TRADE LIBERALIZATION TO DEEP
ECONOMIC INTEGRATION 56 2.4.1 'TRADE LIBERALIZATION' 58 2.4.2 'MARKET
INTEGRATION' 60 2.4.3 'ACCESSION' 61 2.4.4 COMPARISON OF DYNAMICS ACROSS
SCENARIOS 65 2.5 COMPARISON WITH OTHER STUDIES USING A SIMILAR
METHODOLOGY 68 2.6 CONCLUSIONS 71 REFERENCES 73 CHANGES IN THE SPATIAL
DISTRIBUTION PATTERNS OF EUROPEAN REGIONAL ACTIVITY: THE ENLARGEMENTS OF
THE MID-1980S AND 2004 75 TONI MORA, ESTHER VAYA AND JORDI SURINACH 3.1
INTRODUCTION 75 3.2 SPATIAL AGGLOMERATION MODELS: THEORETICAL ASPECTS
AND EMPIRICAL EVIDENCE 77 3.2.1 WHAT HAVE WE LEARNED FROM SPATIAL
MODELS? 77 3.2.2 WHAT DOES THE PREVIOUS EVIDENCE OF EMPIRICAL SPATIAL
SPECIALISATION SUGGEST? 79 3.3 DEFINING DATA AND INDICES 81 3.4 ANALYSIS
OF THE DISTRIBUTION OF THE EVOLUTION OF SPATIAL ACTIVITY, 1985-95 82 3.5
THE EFFECTS OF THE NEW ENLARGEMENT ON THE DISTRIBUTION OF ACTIVITY: FROM
KU-15 TO EU-27 3.6 CONCLUSIONS REFERENCES FORECASTING MACROECONOMIC
VARIABLES FOR THE NEW MEMBER STATES ANINDYA BANERJEE, MASSIMILIANO
MARCELLINO AND IGOR MASTEN 4.1 INTRODUCTION 4.2 METHODOLOGY 4.2.1 FOREC
A STING MODELS 4.2.2 FORECAST COMPARISON 4.3 THE DATA 4.4 FORECASTING
RESULTS 4.4.1 THE CZECH REPUBLIC 4.4.2 HUNGARY 4.4.3 POLAND 4.4.4
SLOVAKIA 4.4.5 SLOVENIA 4.4.6 THE ROLE OF EURO AREA INFORMATION 4.4.7
1(2) PRICES, WAGES AND MONEY 4.5 CONCLUSIONS REFERENCES 91 103 105 108
108 109 110 113 113 115 115 119 122 125 125 130 132 132 133 CONTENTS VII
5 THE CYCLICAL EXPERIENCE OF THE NEW MEMBER STATES 135 MICHAEL ARTIS,
MASSIMILIANO MARCELLINO AND TOMMASO PROIETTI 5.1 INTRODUCTION 135 5.2
THE SALIENCE OF THE TOPIC 135 5.3 OUR APPROACH 137 5.4 APPLICATION AND
RESULTS 140 5.4.1 CLASSICAL CYCLES 140 5.4.2 GROWTH RATE CYCLES 143
5.4.3 DEVIATION CYCLES 145 5.4.4 COMPARISON WITH RECENT STUDIES 149 5.5
CONCLUSIONS 151 REFERENCES 152 APPENDIX: THE DATING ALGORITHM 154 6
DEMAND AND SUPPLY SHOCKS IN THE NEW MEMBER STATES 159 RAUL RAMOS AND
JORDI SURINACH 6.1 INTRODUCTION 159 6.2 ASYMMETRIC SHOCKS AND THE
OPTIMUM CURRENCY AREAS APPROACH 161 6.3 EMPIRICAL ANALYSIS 162 6.3.1
SOME DESCRIPTIVE STATISTICS 162 6.3.2 DEMAND AND SUPPLY SHOCKS: THE
BAYOUMI AND EICHENGREEN (1992) MODEL 167 6.3.3 A DYNAMIC ANALYSIS OF THE
DEGREE OF SHOCK SYMMETRY IN THE NEW MEMBER STATES 175 6.4 CONCLUSIONS
182 REFERENCES 183 7 MONETARY TRANSMISSION IN THE NEW MEMBER STATES 185
RAUL RAMOS AND JORDI SURINACH 7.1 INTRODUCTION 185 7.2 REVIEW OF THE
EMPIRICAL LITERATURE ON MONETARY TRANSMISSION IN THE NEW MEMBER STATES
187 7.3 EMPIRICAL EVIDENCE 191 7.3.1 METHODOLOGY AND DATA 191 7.3.2
MONETARY TRANSMISSION IN THE EURO AREA 192 7.3.3 MONETARY TRANSMISSION
IN THE NEW MEMBER STATES 198 7.4 CONCLUSIONS 214 REFERENCES 216 8
PROMOTING FISCAL RESTRAINT IN THREE CENTRAL EUROPEAN MEMBER STATES 219
EMILIO ROSSI AND ZBYSZKO TABERNACKI 8.1 INTRODUCTION 219 8.2 BACKGROUND
220 8.3 THE WEAK POINT OF MEDIUM-TERM BUDGETARY PLANNING 221 8.4 PUBLIC
FINANCE IN THE PRE-ACCESSION ECONOMIC PROGRAMMES 224 8.5 SCENARIOS 229
VIII CONTENTS 8.5.1 THE'OFFICIAL'SCENARIO 230 8.5.2 THE BASELINE
SCENARIO 231 8.5.3 THE 'EXPANSION/AUSTERITY' SCENARIO 232 8.5.4 THE
'FISCAL PRUDENCE' SCENARIO 232 APPENDIX A: THE RESULTS OF FISCAL
SCENARIOS FOR THE CE-3 ECONOMIES 233 APPENDIX B: COUNTRY CASE STUDIES
234 9 CURRENT ACCOUNT DYNAMICS IN THE NEW MEMBER STATES 245 PAOLO
ZANGHIERI 9.1 INTRODUCTION 245 9.2 BASIC IDENTITIES AND SOME STYLISED
FACTS 246 9.3 HOW IMPORTANT IS THE CURRENT ACCOUNT? 248 9.4
METHODOLOGIES FOR ASSESSING SUSTAINABILITY 249 9.5 MODELLING THE CURRENT
ACCOUNT 252 9.6 A SIMPLE ECONOMETRIC MODEL 253 9.6.1 THE MODEL 253 9.6.2
PROJECTIONS 256 9.7 POLICY ISSUES 262 9.7.1 INCREASING THE SAVING RATE?
262 9.7.2 EARLY ADOPTION OF THE EURO: IS IT WISE? 265 9.8 CONCLUSIONS
267 REFERENCES 268 APPENDIX A: DATA 271 APPENDIX B: SHORT-AND LONG-TERM
DETERMINANTS OF THE CURRENT ACCOUNT 271 10 CHALLENGES TO BANKING SECTOR
STABILITY IN SELECTED NEW MEMBER STATES 274 CHARLES MOVIT 10.1
INTRODUCTION 274 10.2 PROGRESS TO DATE IN RESTRUCTURING THE BANKING
SECTORS 275 10.2.1 PRIVATISATION OF THE BANKING SECTORS 275 10.2.2
RESTRUCTURING: THE CZECH CASE 277 10.2.3 RESTRUCTURING: THE POLISH CASE
278 10.2.4 RESTRUCTURING: THE ROMANIAN CASE 280 10.2.5 EASING THE BURDEN
OF NON-PERFORMING LOANS 280 10.2.6 RESTRUCTURING AND CONCENTRATION IN
THE BANKING SECTORS 284 10.3 CURRENT INDICATORS OF OPERATIONAL
EFFICIENCY AND FINANCIAL STABILITY 286 10.4 BANK REGULATION AND
SUPERVISION 295 10.5 CHALLENGES TO THE BANKING SECTORS IN THE RUN-UP TO
ACCESSION AND THE EURO, AND POLICY IMPLICATIONS 298 10.6 CONCLUSIONS 304
REFERENCES 305 11 INFRASTRUCTURE INVESTMENTS AS A TOOL FOR REGIONAL
DEVELOPMENT POLICY: LESSONS FROM THE SPANISH EVIDENCE 306 ROSINA MORENO,
ENRIQUE LOPEZ-BAZO AND MANUEL ARTIS 11.1 INTRODUCTION 306 CONTENTS IX
11.2 MODEL SPECIFICATION 309 11.3 DATA AND SPATIAL EXPLORATORY ANALYSIS
313 11.4 EMPIRICAL ANALYSIS 321 11.5 CONCLUSIONS 327 REFERENCES 330 12
TFP, COSTS AND PUBLIC INFRASTRUCTURE: AN EQUIVOCAL RELATIONSHIP 333
ELIANA LA FERRARA AND MASSIMILIANO MARCELLINO 12.1 INTRODUCTION 333 12.2
THE THEORETICAL FRAMEWORK 336 12.2.1 THE TOTAL FACTOR PRODUCTIVITY
APPROACH 337 12.2.2 THE PRODUCTION FUNCTION APPROACH 338 12.2.3 THE COST
FUNCTION APPROACH 339 12.3 THE DATA 340 12.3.1 DATA SOURCES AND
DEFINITIONS 340 12.3.2 OUTPUT, PRIVATE INPUTS AND TFP 343 12.4 THE ROLE
OF PUBLIC CAPITAL 345 12.4.1 RESULTS FROM GROWTH ACCOUNTING 345 12.4.2
RESULTS FROM THE PRODUCTION FUNCTION APPROACH 347 12.4.3 RESULTS FROM
THE COST FUNCTION APPROACH 350 12.4.4 COMPARING THE RESULTS 351 12.4.5
CAUSALITY AND SENSITIVITY ANALYSIS 352 12.5 CONCLUSIONS 355 REFERENCES
357 APPENDIX A: THE DATA 359 APPENDIX B: COBB-DOUGLAS COST FUNCTION 361
APPENDIX C: GENELALISED LEONTIEF COST FUNCTION 363 13 REGIONAL POLICIES
AFTER THE EU ENLARGEMENT 365 MICHELE BOLDRIN 13.1 INTRODUCTION 365 13.2
INITIAL CONDITIONS AND SIMULATIONS OF THE FUTURE 366 13.2.1 PER CAPITA
INCOME AND LABOUR PRODUCTIVITY 366 13.2.2 SAVING AND INVESTMENT 366
13.2.3 LABOUR MARKET 368 13.2A GROWTH ACCOUNTING 369 13.2.5 REGIONAL
INEQUALITIES IN THE NEW MEMBER STATES 373 13.2.6 A SIMULATION EXERCISE
374 13.3 PRINCIPLES, INSTRUMENTS AND JURISDICTION 378 13.3.1 WHICH
ECONOMIC PRINCIPLES? 378 13.3.2 WHICH POLICY INSTRUMENTS? 380 13.3.3
WHICH POLICIES? 381 13.3.4 WHICH JURISDICTION? 382 13.4 CONCLUSIONS 383
REFERENCES 385 INDEX 387 |
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| author_GND | (DE-588)12130860X |
| building | Verbundindex |
| bvnumber | BV021511128 |
| callnumber-first | H - Social Science |
| callnumber-label | HC240 |
| callnumber-raw | HC240.25.E852 HC240.25.E852C46 2006 |
| callnumber-search | HC240.25.E852 HC240.25.E852C46 2006 |
| callnumber-sort | HC 3240.25 E852 |
| callnumber-subject | HC - Economic History and Conditions |
| classification_rvk | QG 470 QM 430 RC 10660 RL 60660 RP 10660 |
| ctrlnum | (OCoLC)61261224 (DE-599)BVBBV021511128 |
| dewey-full | 337.1/42/0943 337.1/42/094322 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 337 - International economics |
| dewey-raw | 337.1/42/0943 337.1/42/0943 22 |
| dewey-search | 337.1/42/0943 337.1/42/0943 22 |
| dewey-sort | 3337.1 242 3943 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften Geographie |
| discipline_str_mv | Wirtschaftswissenschaften Geographie |
| edition | 1. publ. |
| format | Book |
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| geographic | Europe, Eastern Economic policy 1989- Europe, Central Economic policy Osteuropa (DE-588)4075739-0 gnd |
| geographic_facet | Europe, Eastern Economic policy 1989- Europe, Central Economic policy Osteuropa |
| id | DE-604.BV021511128 |
| illustrated | Illustrated |
| index_date | 2024-07-02T14:18:51Z |
| indexdate | 2025-01-02T11:12:24Z |
| institution | BVB |
| isbn | 0521849543 9780521849548 |
| language | English |
| lccn | 2005022421 |
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| owner_facet | DE-703 DE-12 DE-355 DE-BY-UBR DE-19 DE-BY-UBM DE-1051 DE-521 DE-522 DE-11 DE-188 |
| physical | XXI, 398 S. graph. Darst., Kt. |
| publishDate | 2006 |
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| publisher | Cambridge Univ. Press |
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| spelling | The Central and Eastern European countries and the European Union ed. by Michael Artis ... 1. publ. Cambridge [u.a.] Cambridge Univ. Press 2006 XXI, 398 S. graph. Darst., Kt. txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references Europäische Union European Union Europe, Eastern European Union Europe, Central Europäische Union (DE-588)5098525-5 gnd rswk-swf Europese integratie gtt Toetredingen gtt Europäische Integration Wirtschaftspolitik Wirtschaftspolitik (DE-588)4066493-4 gnd rswk-swf Europäische Integration (DE-588)4071013-0 gnd rswk-swf Erweiterung (DE-588)4128080-5 gnd rswk-swf Europe, Eastern Economic policy 1989- Europe, Central Economic policy Osteuropa (DE-588)4075739-0 gnd rswk-swf (DE-588)4143413-4 Aufsatzsammlung gnd-content Europäische Union (DE-588)5098525-5 b Erweiterung (DE-588)4128080-5 s Osteuropa (DE-588)4075739-0 g DE-604 Wirtschaftspolitik (DE-588)4066493-4 s Europäische Integration (DE-588)4071013-0 s DE-188 Artis, Michael J. 1938- Sonstige (DE-588)12130860X oth http://www.loc.gov/catdir/toc/ecip0517/2005022421.html Table of contents http://media.obvsg.at/AC05029898-1001 WUW Inhaltsverzeichnis Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014727753&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Klappentext SWB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014727753&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | The Central and Eastern European countries and the European Union Europäische Union European Union Europe, Eastern European Union Europe, Central Europäische Union (DE-588)5098525-5 gnd Europese integratie gtt Toetredingen gtt Europäische Integration Wirtschaftspolitik Wirtschaftspolitik (DE-588)4066493-4 gnd Europäische Integration (DE-588)4071013-0 gnd Erweiterung (DE-588)4128080-5 gnd |
| subject_GND | (DE-588)5098525-5 (DE-588)4066493-4 (DE-588)4071013-0 (DE-588)4128080-5 (DE-588)4075739-0 (DE-588)4143413-4 |
| title | The Central and Eastern European countries and the European Union |
| title_auth | The Central and Eastern European countries and the European Union |
| title_exact_search | The Central and Eastern European countries and the European Union |
| title_exact_search_txtP | The Central and Eastern European countries and the European Union |
| title_full | The Central and Eastern European countries and the European Union ed. by Michael Artis ... |
| title_fullStr | The Central and Eastern European countries and the European Union ed. by Michael Artis ... |
| title_full_unstemmed | The Central and Eastern European countries and the European Union ed. by Michael Artis ... |
| title_short | The Central and Eastern European countries and the European Union |
| title_sort | the central and eastern european countries and the european union |
| topic | Europäische Union European Union Europe, Eastern European Union Europe, Central Europäische Union (DE-588)5098525-5 gnd Europese integratie gtt Toetredingen gtt Europäische Integration Wirtschaftspolitik Wirtschaftspolitik (DE-588)4066493-4 gnd Europäische Integration (DE-588)4071013-0 gnd Erweiterung (DE-588)4128080-5 gnd |
| topic_facet | Europäische Union European Union Europe, Eastern European Union Europe, Central Europese integratie Toetredingen Europäische Integration Wirtschaftspolitik Erweiterung Europe, Eastern Economic policy 1989- Europe, Central Economic policy Osteuropa Aufsatzsammlung |
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