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Single market trails home bias

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  • Juan Delgado

Abstract

Juan Delgado explores the degree of ’home bias" in the goods and services markets, and in equity investment, in Europe. He measures home bias against different benchmarks in order to determine whether the single market programme has had an observable impact on reducing home bias in Europe. He draws interesting policy conclusions from the results.

Suggested Citation

  • Juan Delgado, 2006. "Single market trails home bias," Policy Briefs 38, Bruegel.
    • Handle: RePEc:bre:polbrf:38
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    References listed on IDEAS

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    1. Volker Nitsch, 2000. "National borders and international trade: evidence from the European Union," Canadian Journal of Economics, Canadian Economics Association, vol. 33(4), pages 1091-1105, November.
    2. Maurice Obstfeld & Kenneth Rogoff, 2001. "The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?," NBER Chapters, in: NBER Macroeconomics Annual 2000, Volume 15, pages 339-412, National Bureau of Economic Research, Inc.
    3. Portes, Richard & Rey, Helene, 2005. "The determinants of cross-border equity flows," Journal of International Economics, Elsevier, vol. 65(2), pages 269-296, March.
    4. Pol Antràs, 2003. "Firms, Contracts, and Trade Structure," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(4), pages 1375-1418.
    5. McCallum, John, 1995. "National Borders Matter: Canada-U.S. Regional Trade Patterns," American Economic Review, American Economic Association, vol. 85(3), pages 615-623, June.
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    Cited by:

    1. Méjean, Isabelle & Schwellnus, Cyrille, 2009. "Price convergence in the European Union: Within firms or composition of firms?," Journal of International Economics, Elsevier, vol. 78(1), pages 1-10, June.
    2. Gabriel Felbermayr & Benjamin Jung, 2011. "Sorting It Out: Technical Barriers to Trade and Industry Productivity," Open Economies Review, Springer, vol. 22(1), pages 93-117, February.
    3. repec:rsc:rsceui:2008/39 is not listed on IDEAS
    4. Aron Berg & Pehr-Johan Norbäck & Lars Persson, 2017. "Cross-border mergers & acquisitions with financially constrained owners," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 153(3), pages 433-456, August.
    5. Alessandra Venturini, 2008. "Circular Migration as an Employment Strategy for Mediterranean Countries," RSCAS Working Papers carim2008/39, European University Institute.
    6. Francisco Torres & Annette Bongardt, 2007. "Is the ‘European Model’ viable in a globalized world?," NIPE Working Papers 20/2007, NIPE - Universidade do Minho.
    7. Pacchioli, Consuelo, 2011. "Is the EU internal market suffering from an integration deficit?," CEPS Papers 5528, Centre for European Policy Studies.
    8. Alessandra Venturini & Riccardo Faini, 2008. "Development and Migration: Lessons from Southern Europe," CHILD Working Papers wp10_08, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.

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