European Journal of Business Science and Technology 2018, 4(1):48-55 | DOI: 10.11118/ejobsat.v4i1.116

Productivity Effect of Accessing the EU: Case of Bulgaria and Romania

Vojtìch Olbrecht1
1 Mendel University in Brno, Czech Republic

The article deals with the impact that the EU enlargement had on productivity of firms in accessing countries, particularly Romania and Bulgaria that accessed EU in 2007. Microeconomic data suggest that the impact of accession itself can be negative in a short run in case of countries that received promised benefits in disintegrated manner and also experienced problems with obliging requirements of EU accession that resulted in negative measures taken. The negative short run effect can hinder the benefits in the euphoria following the accession and therefore could be considered as part of accession process in certain situations.

Keywords: Bulgaria, Romania, EU, enlargement, accession
JEL classification: F15, F43, O19

Published: July 31, 2018  Show citation

ACS AIP APA ASA Harvard Chicago IEEE ISO690 MLA NLM Turabian Vancouver
Olbrecht, V. (2018). Productivity Effect of Accessing the EU: Case of Bulgaria and Romania. European Journal of Business Science and Technology4(1), 48-55. doi: 10.11118/ejobsat.v4i1.116
Download citation

References

  1. Andreev, S. A. 2009. The Unbearable Lightness of North, D. C. 1990. Institutions, Institutional Change Membership: Bulgaria and Romania After the 2007 EU Accession. Communist and Post-Communist Studies, 42 (3), 375-393. Go to original source...
  2. Barro, R. J. 1990. Government Spending in a Simple Model of Endogenous Growth. Journal of Political Economy, 98 (5), 103-125. Go to original source...
  3. Bureau van Dijk. 2015. Amadeus Database. [online]. Available at: https://amadeus.bvdinfo.com/version-2015423/home.serv?product=amadeusneo.
  4. EUROSTAT. 2015. Eurostat database [online]. Available at: http://ec.europa.eu/eurostat/data/database. [Accessed 2016, March 27].
  5. Goedhuys, M. and Srholec, M. 2015. Technological Capabilities, Institutions and Firm Productivity: A Multilevel Study. European Journal of Development Research, 27 (1), 122-139. ISSN 0957-8811. Go to original source...
  6. Krugman, P. 1991. Increasing Returns and Economic Geography. Journal of Political Economy, 99 (3), 483-499. Go to original source...
  7. Leckie, G. and Charlton, C. 2013. runmlwin - A Program to Run the MLwiN Multilevel Modelling Software from within Stata. Journal of Statistical Software, 52 (11), 1-40. Go to original source...
  8. Lejour, A. M., De Mooij, R. A. and Nahuis, R. 2001. EU Enlargement: Economic Implications for Countries and Industries. CESinfo Working Paper Series No. 585. Go to original source...
  9. Lucas, R. E. 1988. On the Mechanics of Economic Development. Journal of Monetary Economics, 22 (1), 3-42. Go to original source...
  10. Mankiw, N. G., Romer, D. and Weil, D. N. 1992. A Contribution to the Empirics of Economic Growth. The Quarterly Journal of Economics, 107 (2), 407-437. ISSN 1531-4650. Go to original source...
  11. Martin, P. 1998. Can Regional Policies Affect Growth and Geography in Europe? World Economy, 21 (6), 757-774. and Economic Performance. Cambridge University Press. Go to original source...
  12. Noutcheva, G. and Bechev, D. 2008. The Successful Laggards: Bulgaria And Romania Accession to the EU. East European Politics and Societies, 22 (1), 114-144. Go to original source...
  13. Rapacki, R. and Próchniak, M. 2009. The EU Enlargement and Economic Growth in the CEE New Member Countries. European Commission Economic Papers 367.
  14. Romer, P. M. 1986. Increasing Returns and Long-Run Growth. Journal of Political Economy, 94 (5), 1002-1037. ISSN 0022-3808. Go to original source...
  15. Romer, P. M. 1990. Endogenous Technological Change. Journal of Political Economy, 98 (5), 71-102. ISSN 0022-3808. Go to original source...
  16. Smilov, D. 2008. Mobilisation Strategies of Populists: Anticorruption and Nationalism. International Workshop Corruption Control: Between Populism and the Quality of Democracy.
  17. Snowdon, B. and Vane, H. R. 2005. Modern Macroeconomics: Its origins, Development and Current State. Northampton: Edward Elgar Publishing. 816 p. ISBN 1-84376-394-X.
  18. Solow, R. M. 1956. A Contribution to the Theory of Economic Growth. The Quarterly Journal of Economics, 70 (1), 65-94. ISSN 0033-5533. Go to original source...
  19. Spendzharova, A. B. and Vachudova, M. A. 2012. Catching Up? Consolidating Liberal Democracy in Bulgaria and Romania after EU Accession. West European Politics, 35 (1), 39-58. Go to original source...
  20. Whittaker, J., Whitehead, C. and Somers, M. 2005. The Neglog Transformation and Quantile Regression for the Analysis of a Large Credit Scoring Database. Journal of the Royal Statistical Society: Series C (Applied Statistics), 54 (5), 863-878. Go to original source...

This is an open access article distributed under the terms of the Creative Commons Attribution-ShareAlike 4.0 International License (CC BY-SA 4.0), which permits use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.