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The Process of Economic Integration in Europe: Consequences for EFTA Countries and Firms


  • Fagerberg, Jan

    (Research Institute of Industrial Economics (IFN))


This paper discusses the impact of the completion of the EC internal market on the competitive position of EFTA firms (and, hence, also on economic growth in EFTA countries). The discussion falls in three parts. First, the process of European economic integration in the last decades – as reflected in the composition of EC imports - is examined. Then follows a discussion of the likely effects of the internal market, and to what extent these should be expected to deviate much from what can be observed from European economic integration in the past. Finally, the special problems and opportunities of EFTA firms - as firms from small countries with small domestic markets - are considered. The conclusion is that EFTA firms are in a good position to exploit the possibilities offered by the current deregulation efforts and opening up of markets implied by the EC internal market plans.

Suggested Citation

  • Fagerberg, Jan, 1990. "The Process of Economic Integration in Europe: Consequences for EFTA Countries and Firms," Working Paper Series 277, Research Institute of Industrial Economics.
  • Handle: RePEc:hhs:iuiwop:0277

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    References listed on IDEAS

    1. Gavelin, Lars, 1983. " Determinants of the Structure of Swedish Foreign Trade in Manufactures, 1968-1979," Scandinavian Journal of Economics, Wiley Blackwell, vol. 85(4), pages 485-498.
    2. Lancaster, Kelvin, 1980. "Intra-industry trade under perfect monopolistic competition," Journal of International Economics, Elsevier, vol. 10(2), pages 151-175, May.
    3. Gary Hufbauer, 1970. "The Impact of National Characteristics & Technology on the Commodity Composition of Trade in Manufactured Goods," NBER Chapters,in: The Technology Factor in International Trade, pages 145-231 National Bureau of Economic Research, Inc.
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    More about this item


    Economic integration; EFTA; Firms;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F15 - International Economics - - Trade - - - Economic Integration


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