A Comparison Of GDP Growth Of European Countries During 2008-2012 From The Regional And Other Perspectives
The aim of the article is to compare the total real GDP growth of European countries from the 3rd quarter of 2008 with the 3rd quarter of 2012, the period characterized by a predominant economic stagnation or economic recession in the majority of examined European countries. The countries are divide...
Published in: | Comparative Economic Research. Central and Eastern Europe |
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ftdoajarticles:oai:doaj.org/article:041ce6851baf4fd98512034f0bc7417f 2023-05-15T16:51:16+02:00 A Comparison Of GDP Growth Of European Countries During 2008-2012 From The Regional And Other Perspectives Jiří Mazurek 2015-09-01T00:00:00Z https://doi.org/10.1515/cer-2015-0018 https://doaj.org/article/041ce6851baf4fd98512034f0bc7417f EN eng Lodz University Press https://czasopisma.uni.lodz.pl/CER/article/view/7077 https://doaj.org/toc/1508-2008 https://doaj.org/toc/2082-6737 1508-2008 2082-6737 doi:10.1515/cer-2015-0018 https://doaj.org/article/041ce6851baf4fd98512034f0bc7417f Comparative Economic Research, Vol 18, Iss 3, Pp 5-18 (2015) economic growth european union international economics european regions Economics as a science HB71-74 article 2015 ftdoajarticles https://doi.org/10.1515/cer-2015-0018 2022-12-31T06:01:01Z The aim of the article is to compare the total real GDP growth of European countries from the 3rd quarter of 2008 with the 3rd quarter of 2012, the period characterized by a predominant economic stagnation or economic recession in the majority of examined European countries. The countries are divided into groups based on the following grounds: whether they are geographically close to the economic center (Germany) or peripheral, whether they are in the eurozone or not, whether they are (new) EU members or ‘old’ ones, etc. The main findings from the comparisons are as follows: 1. European countries close to the economic center (Germany and its neighbours) experienced, on average, positive economic growth during examined period, while countries from European periphery on average experienced negative economic growth during the same period. This difference was found statistically significant at the α = 0.01 level. 2. Differences between eurozone and non-eurozone, old and new EU members, and between more and less populated countries were found statistically insignificant. 3. European regions with the most negative real total GDP growth included the Baltics, the Balkans, Southern Europe (Italy, Portugal) and Iceland. The most successful countries with the most positive real total GDP growth were central European countries (Poland, Slovakia, Germany, Switzerland, Austria) and those in northern Europe (Sweden and Norway). Article in Journal/Newspaper Iceland Directory of Open Access Journals: DOAJ Articles Norway Comparative Economic Research. Central and Eastern Europe 18 3 5 18 |
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Directory of Open Access Journals: DOAJ Articles |
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ftdoajarticles |
language |
English |
topic |
economic growth european union international economics european regions Economics as a science HB71-74 |
spellingShingle |
economic growth european union international economics european regions Economics as a science HB71-74 Jiří Mazurek A Comparison Of GDP Growth Of European Countries During 2008-2012 From The Regional And Other Perspectives |
topic_facet |
economic growth european union international economics european regions Economics as a science HB71-74 |
description |
The aim of the article is to compare the total real GDP growth of European countries from the 3rd quarter of 2008 with the 3rd quarter of 2012, the period characterized by a predominant economic stagnation or economic recession in the majority of examined European countries. The countries are divided into groups based on the following grounds: whether they are geographically close to the economic center (Germany) or peripheral, whether they are in the eurozone or not, whether they are (new) EU members or ‘old’ ones, etc. The main findings from the comparisons are as follows: 1. European countries close to the economic center (Germany and its neighbours) experienced, on average, positive economic growth during examined period, while countries from European periphery on average experienced negative economic growth during the same period. This difference was found statistically significant at the α = 0.01 level. 2. Differences between eurozone and non-eurozone, old and new EU members, and between more and less populated countries were found statistically insignificant. 3. European regions with the most negative real total GDP growth included the Baltics, the Balkans, Southern Europe (Italy, Portugal) and Iceland. The most successful countries with the most positive real total GDP growth were central European countries (Poland, Slovakia, Germany, Switzerland, Austria) and those in northern Europe (Sweden and Norway). |
format |
Article in Journal/Newspaper |
author |
Jiří Mazurek |
author_facet |
Jiří Mazurek |
author_sort |
Jiří Mazurek |
title |
A Comparison Of GDP Growth Of European Countries During 2008-2012 From The Regional And Other Perspectives |
title_short |
A Comparison Of GDP Growth Of European Countries During 2008-2012 From The Regional And Other Perspectives |
title_full |
A Comparison Of GDP Growth Of European Countries During 2008-2012 From The Regional And Other Perspectives |
title_fullStr |
A Comparison Of GDP Growth Of European Countries During 2008-2012 From The Regional And Other Perspectives |
title_full_unstemmed |
A Comparison Of GDP Growth Of European Countries During 2008-2012 From The Regional And Other Perspectives |
title_sort |
comparison of gdp growth of european countries during 2008-2012 from the regional and other perspectives |
publisher |
Lodz University Press |
publishDate |
2015 |
url |
https://doi.org/10.1515/cer-2015-0018 https://doaj.org/article/041ce6851baf4fd98512034f0bc7417f |
geographic |
Norway |
geographic_facet |
Norway |
genre |
Iceland |
genre_facet |
Iceland |
op_source |
Comparative Economic Research, Vol 18, Iss 3, Pp 5-18 (2015) |
op_relation |
https://czasopisma.uni.lodz.pl/CER/article/view/7077 https://doaj.org/toc/1508-2008 https://doaj.org/toc/2082-6737 1508-2008 2082-6737 doi:10.1515/cer-2015-0018 https://doaj.org/article/041ce6851baf4fd98512034f0bc7417f |
op_doi |
https://doi.org/10.1515/cer-2015-0018 |
container_title |
Comparative Economic Research. Central and Eastern Europe |
container_volume |
18 |
container_issue |
3 |
container_start_page |
5 |
op_container_end_page |
18 |
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1766041388010438656 |