The European Internal Market Challenge and the Role of Microeconomic Analysis

Alexis Jacquemin

Annals of Economics and Statistics, 1989, issue 15-16, 39-50

Abstract: This paper shows the role of the theories of imperfect competition and industrial organization for analyzing the channels through which the removal of the European Community's internal market barriers may result in economic gains, and for designing sensible accompanying policies. Some of the recent microeconomic research that provides a better framework for understanding the 1992 challenge than the one assumed in traditional trade theory are first presented. Then the main characteristics of corporate strategies in the internal European market are investigated. Finally two microeconomic policies intended to influence the allocative and the distributive effects of the integration process are discussed.

Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:1989:i:15-16:p:39-50

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