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...
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Warsaw: De Gruyter
2015
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ftzbwkiel:oai:econstor.eu:10419/184360 2023-12-31T10:08:22+01:00 A comparison of GDP growth of European countries during 2008-2012 from the regional and other perspectives Mazurek, Jiří 2015 http://hdl.handle.net/10419/184360 https://doi.org/10.1515/cer-2015-0018 eng eng Warsaw: De Gruyter gbv-ppn:1024849724 Journal: Comparative Economic Research. Central and Eastern Europe ISSN: 2082-6737 Volume: 18 Year: 2015 Issue: 3 Pages: 5-18 Warsaw: De Gruyter doi:10.1515/cer-2015-0018 http://hdl.handle.net/10419/184360 http://www.econstor.eu/dspace/Nutzungsbedingungen https://creativecommons.org/licenses/by-nc-nd/3.0 ddc:330 economic growth European Union international economics European regions doc-type:article 2015 ftzbwkiel https://doi.org/10.1515/cer-2015-0018 2023-12-04T00:45:02Z 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 » = 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 EconStor (German National Library of Economics, ZBW) Comparative Economic Research. Central and Eastern Europe 18 3 5 18 |
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EconStor (German National Library of Economics, ZBW) |
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ftzbwkiel |
language |
English |
topic |
ddc:330 economic growth European Union international economics European regions |
spellingShingle |
ddc:330 economic growth European Union international economics European regions Mazurek, Jiří A comparison of GDP growth of European countries during 2008-2012 from the regional and other perspectives |
topic_facet |
ddc:330 economic growth European Union international economics European regions |
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 » = 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 |
Mazurek, Jiří |
author_facet |
Mazurek, Jiří |
author_sort |
Mazurek, Jiří |
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 |
Warsaw: De Gruyter |
publishDate |
2015 |
url |
http://hdl.handle.net/10419/184360 https://doi.org/10.1515/cer-2015-0018 |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
gbv-ppn:1024849724 Journal: Comparative Economic Research. Central and Eastern Europe ISSN: 2082-6737 Volume: 18 Year: 2015 Issue: 3 Pages: 5-18 Warsaw: De Gruyter doi:10.1515/cer-2015-0018 http://hdl.handle.net/10419/184360 |
op_rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen https://creativecommons.org/licenses/by-nc-nd/3.0 |
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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1786841056803815424 |