IDEAS home Printed from https://ideas.repec.org/p/drx/wpaper/202533.html
   My bibliography  Save this paper

Asymmetric Impacts of Economic Integration: The Case of the Single European Market

Author

Listed:
  • Lionel Fontagne

    (Paris School of Economics)

  • Krasimir Shishmanov

    (Tsenov Academy of Economics)

  • Penka Shishmanova

    (Tsenov Academy of Economics)

  • Yoto Yotov

    (School of Economics, Drexel University)

Abstract

Economic gains from trade integration channel through inward or outward multilateral resistance terms, hence through consumption or production effects. But these impacts differ in their relative intensity among members of the integrated region, which leads to asymmetric outcomes. We study these asymmetric effects of European integration on the exports vs. imports of the members of the Single Market and obtain disaggregated asymmetric EU estimates for 170 industries. The econometric analysis delivers a rich database of more than 9,300 estimates of the EU effects on trade among its members. Three main findings emerge from our analysis. First, previous estimates where asymmetries were silenced underestimated the gains from EU integration. Second, these asymmetries in the effects of the Single Market on the members’ trade are very large. Third, the EU has benefited disproportionately the consumers in older/richer members and the producers in the new/poorer joiners.

Suggested Citation

  • 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.
    • Handle: RePEc:drx:wpaper:202533
    as

    Download full text from publisher

    File URL: https://www.lebow.drexel.edu/sites/default/files/2025-08/cgpa_paper_2025_33.pdf
    File Function: First version, 2025
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:drx:wpaper:202533. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Yoto V. Yotov (email available below). General contact details of provider: https://edirc.repec.org/data/cgdreus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.