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VERSION:2.0
PRODID:-//AMSE//Event Calendar//FR
CALSCALE:GREGORIAN
METHOD:PUBLISH
BEGIN:VEVENT
UID:event-11474@www.amse-aixmarseille.fr
DTSTAMP:20260422T181720Z
CREATED:20260422T181720Z
LAST-MODIFIED:20260422T181720Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:Macro and labor market seminar - Basile Grassi
DTSTART:20241011T103000Z
DTEND:20241011T113000Z
DESCRIPTION:In 2004\, 75 million people across 10 countries joined the Euro
 pean Union (EU). Over the subsequent 15 years\, their GDP per capita had in
 creased by 90\\%. Using a synthetic control method\, I show that half of th
 is increase is attributed to the EU accession. I found that without joining
  the EU\, the GDP per capita of the new members would have been 8\,433~USD 
 or 24\\% lower in 2019. The same methodology does not identify a robust eff
 ect on the 15 countries that were already members of the EU before 2004. Th
 ese findings are robust to various tests and specifications: a leave-one-ou
 t test\, an in-country placebo\, an in-time placebo\, and alternative donor
  pools. A simple growth accounting decomposition shows that the contributio
 n of the Solow residual to growth of the new member countries is three time
 s larger. The data shows convergence in investment\, consumption\, governme
 nt spending\, export/import shares\, employment rate\, FDI\, and regulation
 s indices. The TFP of the new member states has been growing at a higher ra
 te since 2004. These results raise the question of why accession to the EU 
 had such a large impact on TFP.\\n\\nContact: Marco Fongoni : marco.fongoni
 [at]univ-amu.frUros Herman : uros.herman[at]univ-amu.fr\n\nPlus d'informati
 ons: https://www.amse-aixmarseille.fr/fr/evenements/basile-grassi
LOCATION:Îlot Bernard du Bois - Salle 17\, AMU - AMSE\, 5-9 boulevard Maur
 ice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://www.amse-aixmarseille.fr/fr/evenements/basile-grassi
CONTACT:Marco Fongoni : marco.fongoni[at]univ-amu.frUros Herman : uros.herm
 an[at]univ-amu.fr
TRANSP:OPAQUE
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