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Decomposing the Economic Costs and Benefits of Accession to the EU: the Swiss Case

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  • Grether, Jean-Marie

    ()
    (University of Geneva)

  • Müller, Tobias

    ()
    (University of Geneva)

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    Abstract

    This paper proposes a decomposition of the likely effects of a “deep” regional integration arrangement for a small country. It is based on a steady-state general equilibrium model which allows to capture the long-term effects of a variety of factors, including the reduction of non-tariff barriers, immigration, budgetary transfers and monetary integration. Particular care is given to the modeling of wealth accumulation, with savings endogenized on the basis of an overlapping generation framework. The effects of product standardization in manufacturing are simulated on the basis of ex-post estimates of the pro-competitive effects of the Single Market Program.

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    Bibliographic Info

    Article provided by Center for Economic Integration, Sejong University in its journal Journal of Economic Integration.

    Volume (Year): 16 (2001)
    Issue (Month): ()
    Pages: 203-228

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    Handle: RePEc:ris:integr:0161

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    Web page: http://econo.sejong.ac.kr/
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    Related research

    Keywords: Regional Integration; Applied General Equilibrium;

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    Cited by:
    1. Tobias Müller & Jean-Marie Grether, 2002. "Long-Run Effects of the Common Agricultural Policy for Switzerland: A Simulation Analysis," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 138(III), pages 271-292, September.

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