Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/226161
Authors: 
Adarov, Amat
Holzner, Mario
Sikic, Luka
Year of Publication: 
2016
Series/Report no.: 
wiiw Balkan Observatory Working Papers No. 123
Abstract: 
The present work uses long-term economic development data (1952-2010) as well as a detailed industry-level panel data (1963-2011) to analyse industrialisation patterns in Europe, implications of economic backwardness and the role of European integration in facilitating industrialisation and development. We find evidence of some income convergence in Europe, but mostly in countries that were able to exploit the ‘advantages of (mild) backwardness'. Regions of extensive backwardness such as the Balkans had difficulties to catch up. Membership in the European Union helped especially more backward economies to develop faster.
Subjects: 
Economic development
economic growth
industrialisation
urbanisation
JEL: 
O14
O18
O43
O47
Document Type: 
Working Paper

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