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The competition effects of the Single Market in Europe

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Author Info
Chris Allen
Michael Gasiorek
Alasdair Smith
Abstract

"The reduction in trade barriers in Europe through the Single Market Programme (SMP) was intended to increase competition in European markets, and hence welfare and efficiency. The paper examines how the SMP has affected trade patterns and what can be learnt from this regarding the impact on competitive behaviour. Combining an econometric and computable general equilibrium methodology, it is argued that (1) the SMP has indeed had a strong impact on competitive behaviour; (2) the extent of the impact depends both on changes in the intensity of competition as well as on changes in the nature of competitive interaction; (3) while all economies experience potentially large welfare gains from the SMP, it is the smaller economies that experience the larger gains, but this in turn suggests that they experience a greater degree of restructuring." Copyright Centre for Economic Policy Research, Centre for Economic Studies, Maison des Sciences de l'Homme 1997.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/1468-0327.00038
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Publisher Info
Article provided by CEPR, CES, MSH in its journal Economic Policy.

Volume (Year): 13 (1998)
Issue (Month): 27 (October)
Pages: 439-486
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Handle: RePEc:bla:ecpoli:v:13:y:1998:i:27:p:439-486

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  2. Anders Hoffmann, 2000. "The gains from partial completion of the single market," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 136(4), pages 601-630, December. [Downloadable!] (restricted)
  3. Antonio G. Gómez-Plana & Oscar Bajo-Rubio, . "Algunos efectos del mercado único europeo sobre la economía española: Un análisis a través de un modelo de equilibrio general aplicado," Studies on the Spanish Economy 213, FEDEA. [Downloadable!]
  4. Óscar Bajo Rubio & Antonio Gómez Gómez-Plana, 2000. "The Role of Country Size and Returns to Scale in Empirical Assessments of Economic Integration: The Case of Spain," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 0005, Departamento de Economía - Universidad Pública de Navarra. [Downloadable!]
  5. Fritz Breuss, 2000. "An Evaluation of the Economic Effects of Austria's EU Membership," Austrian Economic Quarterly, WIFO, vol. 5(4), pages 171-196, November. [Downloadable!] (restricted)
  6. Fritz Breuss, 2003. "Austria, Finland and Sweden in the European Union. Economic Effects," Austrian Economic Quarterly, WIFO, vol. 8(4), pages 131-158, December. [Downloadable!] (restricted)
  7. Oscar Bajo-Rubio & Carmen Díaz-Roldán & Antonio G. Gómez-Plana, . "Price-Cost Margins and Economic Integration: How Important is the Pro-Competitive Effect?," Working Papers on International Economics and Finance 04-02, FEDEA. [Downloadable!]
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  8. Ray Barrell & Amanda Choy, 2003. "Economic Integration and Openness in Europe and East Asia," NIESR Discussion Papers 214, National Institute of Economic and Social Research. [Downloadable!]
  9. Forslid, Rikard & Haaland, Jan I. & Ulltveit-Moe, Karen-Helene, 1999. "A U-Shaped Europe? A Simulation Study of Industrial Location," CEPR Discussion Papers 2247, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  10. Philipp J. H. Schröder, 2004. "Cartel Stability and Economic Integration," Discussion Papers of DIW Berlin 432, DIW Berlin, German Institute for Economic Research. [Downloadable!]
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