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The Single Market Programme as a Stimulus to Change

Author

Listed:
  • Mayes,David
  • Hart,Peter

Abstract

This 1994 book offers a comparison of British and German industries' reaction to the opportunities and threats offered by the single European market (SEM). It outlines the effect that the SEM was expected to have on the two countries and contrasts this with their actual progress based on published data and a detailed study of four industries. While the single European market has had an impact, many measures have had a far weaker effect than expected. The existence of other barriers not tackled by the SEM programme - weakened measures, poor implementation, global business trends and the recent recession - helps dominate the impact of the SEM. Nevertheless the SEM stands out as one of the striking influences on British and German industries for many years. Germany, with its geographical advantage and stronger manufacturing seems better placed to benefit, but the less regulated and often more flexible UK economy may have competitive advantages as the pressures increase.

Suggested Citation

  • Mayes,David & Hart,Peter, 1994. "The Single Market Programme as a Stimulus to Change," Cambridge Books, Cambridge University Press, number 9780521471565, November.
    • Handle: RePEc:cup:cbooks:9780521471565
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    Cited by:

    1. Maria Guadalupe, 2007. "Product Market Competition, Returns to Skill, and Wage Inequality," Journal of Labor Economics, University of Chicago Press, vol. 25(3), pages 439-474.
    2. Rachel Griffith & Rupert Harrison & Helen Simpson, 2010. "Product Market Reform and Innovation in the EU," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(2), pages 389-415, June.
    3. Kilponen, Juha & Santavirta, Torsten, 2007. "When do R&D subsidies boost innovation? : revisiting the inverted U-shape," Research Discussion Papers 10/2007, Bank of Finland.
    4. Philippe Aghion & Richard Blundell & Rachel Griffith & Peter Howitt & Susanne Prantl, 2009. "The Effects of Entry on Incumbent Innovation and Productivity," The Review of Economics and Statistics, MIT Press, vol. 91(1), pages 20-32, February.
    5. Kilponen, Juha & Santavirta, Torsten, 2007. "When do R&D subsidies boost innovation? Revisiting the inverted U-shape," Bank of Finland Research Discussion Papers 10/2007, Bank of Finland.
    6. repec:zbw:bofrdp:2007_010 is not listed on IDEAS

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