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Reassessing the Impact of the Single Market and Its Ability to Help Build Strategic Autonomy

Author

Listed:
  • Fontagné, Lionel

    (Bank of France, CEPII and PSE)

  • Yotov, Yoto V.

    (Drexel University, ifo Institute)

Abstract

Based on new, disaggregated trade and production data and using established and cutting-edge empirical methods, we find (i) that the gains from European integration are substantial, (ii) albeit heterogeneous across member states and sectors, and (iii) that the cost of strategic autonomy of the Single Market can be offset by deeper, but comparatively modest, integration efforts within the EU

Suggested Citation

  • Fontagné, Lionel & Yotov, Yoto V., 2024. "Reassessing the Impact of the Single Market and Its Ability to Help Build Strategic Autonomy," Single Market Economics Papers WP2024/25, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (European Commission), Chief Economist Team.
    • Handle: RePEc:bda:wpsmep:wp2024/25
    DOI: 10.2873/500810
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    Cited by:

    1. Arne J. Nagengast & Fernando Rios‐Avila & Yoto V. Yotov, 2026. "The European single market and intra‐EU trade: an assessment with heterogeneity‐robust difference‐in‐differences methods," Economica, London School of Economics and Political Science, vol. 93(369), pages 298-331, January.
    2. Lionel Fontagne & Krasimir Shishmanov & Penka Shishmanova & Yoto Yotov, 2025. "Asymmetric Impacts of Economic Integration: The Case of the Single European Market," Working Papers 202533, Center for Global Policy Analysis, LeBow College of Business, Drexel University.
    3. Stefani Stefanova & Sophie Bandarkar & Yoto Yotov, 2025. "A Reassessment of the Impact of the Organization for Economic Co-operation and Development on International Trade," Working Papers 202509, Center for Global Policy Analysis, LeBow College of Business, Drexel University.
    4. Florencia Airaudo & Francois de Soyres & Alexandre Gaillard & Ana Maria Santacreu, 2025. "Recent Evolutions in the Global Trade System: From Integration to Strategic Realignment," Working Papers 2025-027, Federal Reserve Bank of St. Louis.
    5. Lionel Fontagné & Yoto V Yotov, 2025. "The Low-Hanging Fruit of the Single European Market: New Methods and Measures," Working Papers hal-05048951, HAL.

    More about this item

    Keywords

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    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions

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