IDEAS home Printed from https://ideas.repec.org/a/oup/ecpoli/v13y1998i27p440-486..html
   My bibliography  Save this article

The competition effects of the Single Market in Europe

Author

Listed:
  • Chris Allen
  • Michael Gasiorek
  • Alasdair Smith

Abstract

Summary European Single Market How the programme has fostered competitionThe reduction in trade barriers in Europe through the Single Market Programme (SMP) was intended to increase competition in European markets, and hence welfare and efficiency. The paper examines how the SMP has affected trade patterns and what can be learnt from this regarding the impact on competitive behaviour. Combining an econometric and computable general equilibrium methodology, it is argued that (1) the SMP has indeed had a strong impact on competitive behaviour; (2) the extent of the impact depends both on changes in the intensity of competition as well as on changes in the nature of competitive interaction; (3) while all economies experience potentially large welfare gains from the SMP, it is the smaller economies that experience the larger gains, but this in turn suggests that they experience a greater degree of restructuring.—Chris Allen, Michael Gasiorek and Alasdair Smith

Suggested Citation

  • Chris Allen & Michael Gasiorek & Alasdair Smith, 1998. "The competition effects of the Single Market in Europe," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 13(27), pages 440-486.
    • Handle: RePEc:oup:ecpoli:v:13:y:1998:i:27:p:440-486.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/1468-0327.00038
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Abdulghaffar, Mahmood & Al-Ubaydli, Omar & Mahmood, Omar, 2014. "The Malfunctioning of the Gulf Cooperation Council Single Market: Features, Causes and Remedies," MPRA Paper 55413, University Library of Munich, Germany.
    2. Becker, Sascha S. & Nautz, Dieter, 2012. "Inflation, price dispersion and market integration through the lens of a monetary search model," European Economic Review, Elsevier, vol. 56(3), pages 624-634.
    3. Robert C. Feenstra, 2006. "New Evidence on the Gains from Trade," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 142(4), pages 617-641, December.
    4. Oscar Bajo-Rubio & Carmen Díaz-Roldán & Antonio G. Gómez-Plana, 2015. "Price-cost Margins and Economic Integration: How Important is the Pro-competitive Effect?," The World Economy, Wiley Blackwell, vol. 38(5), pages 893-898, May.
    5. Forslid, Rikard & Haaland, Jan I. & Midelfart Knarvik, Karen Helene, 2002. "A U-shaped Europe?: A simulation study of industrial location," Journal of International Economics, Elsevier, vol. 57(2), pages 273-297, August.
    6. Sondermann, David & Lehtimäki, Jonne, 2020. "Baldwin vs. Cecchini revisited: the growth impact of the European Single Market," Working Paper Series 2392, European Central Bank.
    7. Philipp J. H. Schröder, 2007. "Cartel Stability and Economic Integration," Review of International Economics, Wiley Blackwell, vol. 15(2), pages 313-320, May.
    8. in ’t Veld, Jan, 2019. "The economic benefits of the EU Single Market in goods and services," Journal of Policy Modeling, Elsevier, vol. 41(5), pages 803-818.
    9. Keshab Bhattarai, 2016. "Growth and Income Distributions in Four EU Economies," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 22(3), pages 263-277, August.
    10. Pain, Nigel & Young, Garry, 2004. "The macroeconomic impact of UK withdrawal from the EU," Economic Modelling, Elsevier, vol. 21(3), pages 387-408, May.
    11. Heid, Benedikt & Stähler, Frank, 2024. "Structural gravity and the gains from trade under imperfect competition: Quantifying the effects of the European Single Market," Economic Modelling, Elsevier, vol. 131(C).
    12. Keshab Raj BHATTARAI, 2009. "Dynamic Multi-Household General Economic Models for Policy Simulations: France, Germany, Spain and UK," EcoMod2009 21500014, EcoMod.
    13. Jonne Lehtimäki & David Sondermann, 2022. "Baldwin versus Cecchini revisited: the growth impact of the European Single Market," Empirical Economics, Springer, vol. 63(2), pages 603-635, August.
    14. Ferenc Grega & Ragnitz Joachim, 2024. "„In Vielfalt vereint“ – Die wirtschaftliche Lage in den Beitrittsländern nach 20 Jahren in der EU," Wirtschaftsdienst, Sciendo, vol. 104(6), pages 368-371.
    15. Andreas, Verena, 2019. "Stadtentwicklungsfonds als Instrumente der unternehmerischen Stadt?," Arbeitsberichte der ARL: Aufsätze, in: Nischwitz, Guido & Andreas, Verena (ed.), Stadtentwicklungsfonds: Ein neues Instrument zur Unterstützung nachhaltiger Stadtentwicklung?, volume 26, pages 38-59, ARL – Akademie für Raumentwicklung in der Leibniz-Gemeinschaft.
    16. Óscar Bajo Rubio & Antonio Gómez Gómez-Plana, 2000. "The Role of Country Size and Returns to Scale in Empirical Assessments of Economic Integration: The Case of Spain," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 0005, Departamento de Economía - Universidad Pública de Navarra.
    17. Antonio G. Gómez-Plana & Oscar Bajo-Rubio, "undated". "Algunos efectos del mercado único europeo sobre la economía espanola: Un análisis a través de un modelo de equilibrio general aplicado," Studies on the Spanish Economy 213, FEDEA.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ecpoli:v:13:y:1998:i:27:p:440-486.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/cebruuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.