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The long road towards the European single market

Mario Mariniello (), Andre Sapir () and Alessio Terzi ()

Working Papers from Bruegel

Abstract: The single market is often perceived as the panacea for Europe’s economic troubles. It is believed that completing the single market would boost welfare, stimulate growth and increase European competitiveness. However, identifying and quantifying the channels through which market integration is expected to engender growth is methodologically complex. Although the overwhelming prediction from the literature is for single market integration to generate positive and significant aggregate effects, we conclude that...

Date: 2015-03
New Economics Papers: this item is included in nep-eec
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