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Export Market Integration in the European Union

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  • Salvador Gil-Pareja
  • Simón Sosvilla-Rivero

Abstract

This paper examines the degree of export-price dispersion among European Union countries and its evolution in the recent past (1988-1999). The paper also explores the likely impact of the European Monetary Union on export-price convergence by looking at the past experience of European countries that participated in the exchange rate stability zone. The results indicate that export-price dispersion across European Union countries was usually lower than across OECD countries. Moreover, although there is little evidence of convergence, it is stronger across European Union countries. Finally, the results cast doubts on the hypothesis that the monetary union by itself will increase price convergence.

Suggested Citation

  • Salvador Gil-Pareja & Simón Sosvilla-Rivero, "undated". "Export Market Integration in the European Union," Working Papers 2002-07, FEDEA.
    • Handle: RePEc:fda:fdaddt:2002-07
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    1. Salvador Gil-Pareja & Simón Sosvilla-Rivero, 2004. "Export Market Integration in the European Union," Journal of Applied Economics, Taylor & Francis Journals, vol. 7(2), pages 271-301, November.
    2. 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.
    3. Hamulczuk, Mariusz & Makarchuk, Oksana & Sica, Edgardo, 2019. "Searching for market integration: Evidence from Ukrainian and European Union rapeseed markets," Land Use Policy, Elsevier, vol. 87(C).
    4. Salvador Gil-Pareja & Simon Sosvilla-Rivero, 2007. "Price convergence in the European car market," Applied Economics, Taylor & Francis Journals, vol. 40(2), pages 241-250.

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    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F30 - International Economics - - International Finance - - - General

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