Presentation on theme: "SSelection Question: What are the circumstances surrounding EU membership? PPerformance Question: What is the effect of EU membership on economic."— Presentation transcript:
SSelection Question: What are the circumstances surrounding EU membership? PPerformance Question: What is the effect of EU membership on economic growth?
EU-15 Member Countries France, United Kingdom New EU Member Countries Poland, Slovakia EU Candidate Countries Turkey, Croatia Non-EU Countries Russia, Switzerland
Measure of economic growth: change in GDP per capita per year using Chain model % in 2005 Constant Prices Calculate average change in GDP/capita/year before and after joining EU Specific years varied for each country Compare
Calculate average change in GDP/capita/year for 5 years before becoming an EU candidate and: Turkey (1999): 8 years after Croatia (2004): 3 years after Macedonia (2005): 2 years after Compare
Calculate average change in GDP/capita/year from 1991-2007 Compare to average change for EU member countries and EU candidate countries
Growth RateMemberNon-MemberDifference Average Before3.162.840.32 Average After4.292.841.45 Member v. Non-Member (Performance) Member v. Candidate (Selection) Growth RateMemberCandidateDifference Average Before3.161.741.42 Average After4.294.240.05