ScholarLens Back to search
2006•RePEc: Research Papers in EconomicsRequires access

Eastern Opening, EU Membership, Euro Participation and EU Enlargement. Economic Impacts on Austria

Fritz Breuss

Open publisher page 0 citations

Abstract

Austria has gained economically from all integration steps taken by the European Union over the past 15 years (eastern opening, Austria's accession to the EU and its currency union, EU enlargement). With some of these steps occurring in parallel, its effects have similarly overlapped. Eastern opening since 1989 and Austria's EU membership since 1995 (and its participation in the currency union) contributed 0.5 to 1 percentage point to its economic growth and resulted in the creation of some 100,000 to 150,000 new jobs. The EU enlargement of 2004 has similarly benefiting Austria more than other EU 15 countries; growth effects for the real GDP are estimated at more than 0.2 percentage point p.a. over the next decade.

About this research paper

What this paper is about

Austria has gained economically from all integration steps taken by the European Union over the past 15 years (eastern opening, Austria's accession to the EU and its currency union, EU enlargement). With some of these steps occurring in parallel, its effects have similarly overlapped. Eastern opening since 1989 and Austria's EU membership since 1995 (and its participation in the currency union) contributed 0.5 to 1 percentage point to its economic growth and resulted in the creation of some 100,000 to 150,000 new jobs. The EU enlargement of 2004 has similarly benefiting Austria more than other EU 15 countries; growth effects for the real GDP are estimated at more than 0.2 percentage point p.a. over the next decade.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Austria has gained economically from all integration steps taken by the European Union over the past 15 years (eastern opening, Austria's accession to the EU and its currency union, EU enlargement). With some of these steps occurring in parallel, its effects have similarly overlapped. Eastern opening since 1989 and Austria's EU membership since 1995 (and its participation in the currency union) contributed 0.5 to 1 percentage point to its economic growth and resulted in the creation of some 100,000 to 150,000 new jobs. The EU enlargement of 2004 has similarly benefiting Austria more than other EU 15 countries; growth effects for the real GDP are estimated at more than 0.2 percentage point p.a. over the next decade.

Key concepts: Resizing, European union, Accession, International economics, Common currency, Currency, Currency union, Point (geometry)

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
Eastern Opening, EU Membership, Euro Participation and EU Enlargement. Economic Impacts on Austria — Research Paper | ScholarLens