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Europe's Single Market: The Long March to 1992


  • Sapir, André


The paper analyses the degree of structural change that has occurred within the EC since the launch of the internal market programme. It is divided into three parts: the first examines inter-sectoral shifts in the pattern of specialization within EC manufacturing, and finds relatively little change from 1986 to 1992; the second describes the trade impact of 1992 with the help of consumption shares, and finds internal and external trade creation; and the third uses regression analysis to account for the ratio of intra-EC imports in total EC imports in 1986 and in 1992, and identifies the impact of the internal market programme.

Suggested Citation

  • Sapir, André, 1995. "Europe's Single Market: The Long March to 1992," CEPR Discussion Papers 1245, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:1245

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    References listed on IDEAS

    1. Flood, Robert P. & Hodrick, Robert J., 1986. "Real aspects of exchange rate regime choice with collapsing fixed rates," Journal of International Economics, Elsevier, vol. 21(3-4), pages 215-232, November.
    2. Flood, Robert P. & Garber, Peter M., 1984. "Collapsing exchange-rate regimes : Some linear examples," Journal of International Economics, Elsevier, vol. 17(1-2), pages 1-13, August.
    3. Andrew K. Rose, 1994. "Are exchange rates macroeconomic phenomena?," Economic Review, Federal Reserve Bank of San Francisco, pages 19-30.
    4. Jeffrey A. Frankel, 1993. "On Exchange Rates," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262061546, January.
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    Cited by:

    1. Aftalion Florin, 1999. "Regulatory Competition, Extraterritorial Powers and Harmonization : The Case of the European Union," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 9(1), pages 1-24, March.

    More about this item


    EU; Regional Integration;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration


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