Backwardness, Industrialisation and Economic Development in Europe
Adarov, Amat
Backwardness, Industrialisation and Economic Development in Europe - Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2016. - wiiw Balkan Observatory Working Papers 123 . - wiiw Balkan Observatory Working Papers 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.
Economic development
economic growth
industrialisation
urbanisation
SEE
Backwardness, Industrialisation and Economic Development in Europe - Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2016. - wiiw Balkan Observatory Working Papers 123 . - wiiw Balkan Observatory Working Papers 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.
Economic development
economic growth
industrialisation
urbanisation
SEE