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The Annals of Regional Science

, Volume 60, Issue 3, pp 613–636 | Cite as

Economic performance, social progress and institutional reform in European neighbouring countries

  • Jordi López-Tamayo
  • Raul Ramos
  • Jordi Suriñach i Caralt
Special Issue Paper

Abstract

The objective of this article is to analyse the recent evolution of European neighbouring countries in different dimensions related to economic performance (measured in a broader sense), social progress and institutional reforms. With this aim, we design and build a composite indicator to measure these different dimensions. Next, the index is used to characterise the relative evolution of neighbouring countries compared to a wide sample of developed and developing economies. We also test whether a convergence process has taken place in these different dimensions controlling for the potential effect of the European neighbourhood policy. The obtained results show different trends according to the considered dimensions and heterogeneous effects at the country level. From a policy perspective, these results reinforce the validity of the bilateral action plans that have characterised ENP recognising the different starting point and particular characteristics of each neighbouring country.

JEL Classification

C43 F62 O43 

Notes

Acknowledgments

The research leading to these results has received funding from the European Community’s Seventh Framework Programme (FP7/2010-2.2-1) under Grant Agreement No. 266834.

Supplementary material

168_2016_785_MOESM1_ESM.docx (69 kb)
Supplementary material 1 (docx 68 KB)

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Copyright information

© Springer-Verlag Berlin Heidelberg 2016

Authors and Affiliations

  1. 1.AQR Research Group-IREAUniversitat de BarcelonaBarcelonaSpain

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