The Cost of ‘Not Spain’
Ferran Brunet ()
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Ferran Brunet: Autonomous University of Barcelona
Chapter Chapter 37 in The Economics of Catalan Separatism, 2022, pp 229-232 from Springer
Abstract:
Abstract In line with the so-called ‘not Europe’, due to the non-completeness of the process of European integration, it is worth pondering the cost of ‘not Spain’, due to the imposition of new regional regulations that would obstruct circulation and fragment the market with respect to the rest of Spain and the rest of the European Union. The cost of not Spain, therefore, refers to the cost of over regulation, the reduction in the trade of goods and services, the flight of companies, capital and investment. This cost can be measured in terms of GDP: an accumulated impact of −4.6% on Catalonia’s permanent GDP.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-14451-6_37
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DOI: 10.1007/978-3-031-14451-6_37
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