Structural change in times of increasing openness: assessing path dependency in european economic integration

HIGHLIGHTS

• who: Europe Path dependency European and collaborators from the Cyprus, France have published the research work: Structural change in times of increasing openness: assessing path dependency in European economic integration, in the Journal: (JOURNAL)
• what: In the process of estimating the dynamic effects of such an shock on 26 EU countries the authors develop a taxonomy of economies that consists of four groups: core periphery and catching-up countries in Eastern as well as financial hubs. The authors show that these four country groups have responded in a distinct way to the shock imposed by . . .
  

   

  

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