Close encounters of the European kind: Economic integration, sectoral heterogeneity and structural reforms
Nauro Campos,
Vera Eichenauer and
Jan-Egbert Sturm
European Economic Review, 2020, vol. 129, issue C
Abstract:
This paper addresses two main questions: (a) Has European integration hindered the implementation of labour, financial and product market structural reforms? (b) Do the effects of these reforms vary more across sectors than across countries? Using more granular reform measures, longer time windows and a larger sample of countries than previous studies, we confirm that the euro triggered product but neither labour nor financial market reforms. Differently from previous studies, we find that: (a) the Single Market has similar effects to the euro, and (b) sectoral heterogeneity appears less important in explaining the economic impacts of reforms than country heterogeneity.
Keywords: European integration; Structural reforms; Single market; Euro; Sectoral heterogeneity (search for similar items in EconPapers)
JEL-codes: F4 N1 N4 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0014292120301422
Full text for ScienceDirect subscribers only
Related works:
Working Paper: Close Encounters of the European Kind: Economic Integration, Sectoral Heterogeneity and Structural Reforms (2020) 
Working Paper: Close Encounters of the European Kind: Economic Integration, Sectoral Heterogeneity and Structural Reforms (2020) 
Working Paper: Close Encounters of the European Kind: Economic Integration, Sectoral Heterogeneity and Structural Reforms (2020) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:eecrev:v:129:y:2020:i:c:s0014292120301422
DOI: 10.1016/j.euroecorev.2020.103511
Access Statistics for this article
European Economic Review is currently edited by T.S. Eicher, A. Imrohoroglu, E. Leeper, J. Oechssler and M. Pesendorfer
More articles in European Economic Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().