THE HOME BIAS IN THE PROCESS OF EUROPEAN INTEGRATION

Anna Kozlowska
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Anna Kozlowska: University in Bialystok

Equilibrium. Quarterly Journal of Economics and Economic Policy, 2010, vol. 4, issue 1, 143-152

Abstract: This article aims to identify the relationship between the phenomenon of home bias and the process of European integration. During the past decades, European integration has evolved from a Common Market and the Customs Union, the Internal Market and Economic, and Monetary Union. Despite the improvements in integration of European markets, their potential is not fully exploited. Countries consumption baskets and inwestment portfolios still contain a predominant share of domestically produced products and domestic assets and national-born workers working in national labour markets. This is commonly known as the phenomenon of home bias.

Keywords: home bias; European integration; Single Market (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pes:ierequ:v:4:y:2010:i:1:p:143-152

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