Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
969392 | Journal of Policy Modeling | 2009 | 16 Pages |
Abstract
This paper deals with the effects of EMU enlargement (European Economic and Monetary Union) by evaluating the economic efficiency of growth policies of the 25 member countries. By using Data Envelopment Window Analysis the paper measures the policies adopted initiating economic growth of the 25 EU members for the time period of 1995–2005. Different factors reflecting countries’ investment policies have been used in order to measure chronically countries’ economic efficiency. The results reveal that the old 15 EU members have faced problems reforming their economic policies in order to cope with the EU enlargement which in turn had an impact on their economic efficiencies.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
George E. Halkos, Nickolaos G. Tzeremes,