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Theoretische Konzepte zum Europäischen Integrationsprozeß: Ein aktueller Überblick
[Theoretical concepts for the process of European integration: A current overview]

  • Beckmann, Rainer
  • Hebler, Martin
  • Kösters, Wim
  • Neimke, Markus

This article provides an overview of major theoretical concepts behind the process of European economic integration. At first, the classic theory of customs unions as formulated by Viner, Meade and others is explained taking also into account factor mobility in a customs union in the move towards a common market. The second part deals with the seminal contributions to monetary integration: the theory of optimum currency areas (OCA) referring to the work of Kenen, Mundell and McKinnon. Advanced approaches of OCA in the form of a broader cost-benefit-analysis in the context of political steps towards a monetary union in Europe and the potential for endogeneity of the OCA criteria are also discussed. Considerations on political economy aspects and fiscal federalism conclude the article.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 35703.

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Date of creation: Jan 2000
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Handle: RePEc:pra:mprapa:35703
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  1. Robert J. Barro & David B. Gordon, 1981. "A Positive Theory of Monetary Policy in a Natural-Rate Model," NBER Working Papers 0807, National Bureau of Economic Research, Inc.
  2. Petith, Howard C, 1977. "European Integration and the Terms of Trade," Economic Journal, Royal Economic Society, vol. 87(346), pages 262-72, June.
  3. Luis A. Rivera-Batiz & Paul M. Romer, 1990. "Economic Integration and Endogenous Growth," NBER Working Papers 3528, National Bureau of Economic Research, Inc.
  4. Athanasios Vamvakidis, 1999. "Regional Trade Agreements or Broad Liberalization: Which Path Leads to Faster Growth?," IMF Staff Papers, Palgrave Macmillan, vol. 46(1), pages 3.
  5. Paul M Romer, 1999. "Increasing Returns and Long-Run Growth," Levine's Working Paper Archive 2232, David K. Levine.
  6. Henrekson, Magnus & Torstensson, Rasha, 1996. "Growth Effects of European Integration," CEPR Discussion Papers 1465, C.E.P.R. Discussion Papers.
  7. Paul Romer, 1989. "Endogenous Technological Change," NBER Working Papers 3210, National Bureau of Economic Research, Inc.
  8. Vaubel, Roland, 1994. " The Political Economy of Centralization and the European Community," Public Choice, Springer, vol. 81(1-2), pages 151-90, October.
  9. Sergio Nardis & Alessandro Goglio & Marco Malgarini, 1996. "Regional specialization and shocks in Europe: Some evidence from regional data," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 132(2), pages 197-214, September.
  10. Kemp, Murray C. & Wan, Henry Jr., 1976. "An elementary proposition concerning the formation of customs unions," Journal of International Economics, Elsevier, vol. 6(1), pages 95-97, February.
  11. Wacziarg, Romain & Alesina, Alberto, 1999. "Is Europe Going Too Far?," Scholarly Articles 4553012, Harvard University Department of Economics.
  12. Corden, W M, 1972. "Economies of Scale and Customs Union Theory," Journal of Political Economy, University of Chicago Press, vol. 80(3), pages 465-75, May-June.
  13. Yoshihide Ishiyama, 1975. "The Theory of Optimum Currency Areas: A Survey (La théorie des zones monétaires optimales: étude) (La teoría de las zonas monetarias óptimas: Un examen)," IMF Staff Papers, Palgrave Macmillan, vol. 22(2), pages 344-383, July.
  14. Luis A. Rivera-Batiz & Paul M. Romer, 1991. "International Trade with Endogenous Technological Change," NBER Working Papers 3594, National Bureau of Economic Research, Inc.
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  16. Frey, B.S. & Ginsburgh, V. & Pestieau, P. & Pommerehne, W.W., . "Consensus, dissension and ideology among economists in various European countries and in the United States," CORE Discussion Papers RP -543, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  17. Krugman, Paul, 1989. "The Case for Stabilizing Exchange Rates," Oxford Review of Economic Policy, Oxford University Press, vol. 5(3), pages 61-72, Autumn.
  18. Frankel, Jeffrey A & Rose, Andrew K, 1996. "The Endogeneity of the Optimum Currency Area Criteria," CEPR Discussion Papers 1473, C.E.P.R. Discussion Papers.
  19. Baldwin, Richard & Seghezza, Elena, 1996. "Growth and European Integration: Towards an Empirical Assessment," CEPR Discussion Papers 1393, C.E.P.R. Discussion Papers.
  20. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64, pages 416.
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  22. Clausen, Volker, 1999. "Feste versus flexible Wechselkurse? Anmerkungen zum Nobelpreis 1999 an Robert A. Mundell," Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik (1998 - 2007), ZBW – German National Library of Economics / Leibniz Information Centre for Economics, vol. 79(12), pages 748-752.
  23. Richard Baldwin, 1989. "The Growth Effects of 1992," NBER Working Papers 3119, National Bureau of Economic Research, Inc.
  24. Wyplosz, Charles, 1991. "International trade with endogenous technological change : by L.A. Rivera-Batiz and P.M. Romer," European Economic Review, Elsevier, vol. 35(4), pages 1002-1004, May.
  25. Dowd, Kevin & Greenaway, David, 1993. "Currency Competition, Network Externalities and Switching Costs: Towards an Alternative View of Optimum Currency Areas," Economic Journal, Royal Economic Society, vol. 103(420), pages 1180-89, September.
  26. Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-91, June.
  27. Harry G. Johnson, 1965. "An Economic Theory of Protectionism, Tariff Bargaining, and the Formation of Customs Unions," Journal of Political Economy, University of Chicago Press, vol. 73, pages 256.
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  29. Fleming, J Marcus, 1971. "On Exchange Rate Unification," Economic Journal, Royal Economic Society, vol. 81(323), pages 467-88, September.
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