Determining Impacts of Partnership and the Euro within the European Union:
Marin, Joseph. “Determining Impacts of Partnership and the Euro within the European Union:”, Boston College, 2015. http://hdl.handle.net/2345/bc-ir:104212.
Abstract
The primary goal of the European Union is to promote a high degree of competition between regions in an effort to allow for the creation of the single market. In the year 2004, the EU had allowed ten new member states to enter into the European Union. This paper looks at the potential positive or negative impact from entering into partnership with the EU. It looks at convergence between EU member states and a potential treatment effect in order to determine that this is indeed a localized phenomenon in the EU or is there a general convergence between all countries. The paper uses a fixed effects approach in order to determine the impact of partnership and use of the Euro within the EU. I find evidence of convergence and a positive benefit from partnership; however, using the Euro appears to have a negative impact on countries.