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The European Internal Market Challenge and the Role of Microeconomic Analysis

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  • Alexis Jacquemin

Abstract

This paper shows the role of the theories of imperfect competition and industrial organization for analyzing the channels through which the removal of the European Community's internal market barriers may result in economic gains, and for designing sensible accompanying policies. Some of the recent microeconomic research that provides a better framework for understanding the 1992 challenge than the one assumed in traditional trade theory are first presented. Then the main characteristics of corporate strategies in the internal European market are investigated. Finally two microeconomic policies intended to influence the allocative and the distributive effects of the integration process are discussed.

Suggested Citation

  • Alexis Jacquemin, 1989. "The European Internal Market Challenge and the Role of Microeconomic Analysis," Annals of Economics and Statistics, GENES, issue 15-16, pages 39-50.
    • Handle: RePEc:adr:anecst:y:1989:i:15-16:p:39-50
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    File URL: http://www.jstor.org/stable/20075750
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    Cited by:

    1. Robert F. Owen, 2013. "Governance and Economic Integration : Stakes for Asia," Development Economics Working Papers 23432, East Asian Bureau of Economic Research.

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