The competition effects of the Single Market in Europe
Michael Gasiorek and
Economic Policy, 1998, vol. 13, issue 27, pages 439-486
"The reduction in trade barriers in Europe through the Single Market Programme (SMP) was intended to increase competition in European markets, and hence welfare and efficiency. The paper examines how the SMP has affected trade patterns and what can be learnt from this regarding the impact on competitive behaviour. Combining an econometric and computable general equilibrium methodology, it is argued that (1) the SMP has indeed had a strong impact on competitive behaviour; (2) the extent of the impact depends both on changes in the intensity of competition as well as on changes in the nature of competitive interaction; (3) while all economies experience potentially large welfare gains from the SMP, it is the smaller economies that experience the larger gains, but this in turn suggests that they experience a greater degree of restructuring." Copyright Centre for Economic Policy Research, Centre for Economic Studies, Maison des Sciences de l'Homme 1997.
References: Add references at CitEc
Citations View citations in EconPapers (14) Track citations by RSS feed
Downloads: (external link)
http://www.blackwell-synergy.com/doi/abs/10.1111/1468-0327.00038 link to full text (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:bla:ecpoli:v:13:y:1998:i:27:p:439-486
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0266-4658
Access Statistics for this article
Economic Policy is currently edited by Giuseppe Bertola, Philippe Martin and Paul Seabright
More articles in Economic Policy from CEPR
Contact information at EDIRC.
Series data maintained by Wiley-Blackwell Digital Licensing ().