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

Author

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

Abstract

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.

Suggested Citation

  • Beckmann, Rainer & Hebler, Martin & Kösters, Wim & Neimke, Markus, 2000. "Theoretische Konzepte zum Europäischen Integrationsprozeß: Ein aktueller Überblick
    [Theoretical concepts for the process of European integration: A current overview]
    ," MPRA Paper 35703, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:35703
    as

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    File URL: https://mpra.ub.uni-muenchen.de/35703/1/MPRA_paper_35703.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Niebuhr, Annekatrin & Stiller, Silvia, 2002. "Integration effects in border regions : a survey of economic theory and empirical studies," HWWA Discussion Papers 179, Hamburg Institute of International Economics (HWWA).
    2. Beckmann, Rainer & Eppendorfer, Carsten & Neimke, Markus, 2002. "Deepening European Financial Integration: Theoretical Considerations and Empirical Evaluation of Growth and Employment Benefits," MPRA Paper 5272, University Library of Munich, Germany.
    3. Barbara Köttl & Juliane Dittrich & Jaroslav Dokoupil & Alena Matuskova & Jutta Roosen, 2009. "Verbraucherschutz im Grenzgebiet: eine Befragung deutscher und tschechischer Konsumenten," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 78(3), pages 160-174.
    4. Beckmann, Rainer & Eppendorfer, Carsten & Neimke, Markus, 2002. "Financial integration within the European Union: Towards a single market for insurance," MPRA Paper 5280, University Library of Munich, Germany.

    More about this item

    Keywords

    economic integration; monetary integration; European Union;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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