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Reassessing the Impact of the Single Market and Its Ability to Help Build Strategic Autonomy

Author

Listed:
  • Fontagné, Lionel

    (Bank of France, CEPII and PSE)

  • Yotov, Yoto V.

    (Drexel University, ifo Institute)

Abstract

Based on new, disaggregated trade and production data and using established and cutting-edge empirical methods, we find (i) that the gains from European integration are substantial, (ii) albeit heterogeneous across member states and sectors, and (iii) that the cost of strategic autonomy of the Single Market can be offset by deeper, but comparatively modest, integration efforts within the EU

Suggested Citation

  • Fontagné, Lionel & Yotov, Yoto V., 2024. "Reassessing the Impact of the Single Market and Its Ability to Help Build Strategic Autonomy," Single Market Economics Papers WP2024/25, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (European Commission), Chief Economist Team.
    • Handle: RePEc:bda:wpsmep:wp2024/25
    DOI: 10.2873/500810
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    References listed on IDEAS

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    1. Mario Larch & José-Antonio Monteiro & Roberta Piermartini & Yoto V. Yotov, 2019. "On the Effects of GATT/WTO Membership on Trade: They Are Positive and Large after All," CESifo Working Paper Series 7721, CESifo.
    2. Antoine Berthou & Lionel Fontagné, 2013. "How do Multiproduct Exporters React to a Change in Trade Costs?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 115(2), pages 326-353, April.
    3. Egger, Peter H. & Tarlea, Filip, 2015. "Multi-way clustering estimation of standard errors in gravity models," Economics Letters, Elsevier, vol. 134(C), pages 144-147.
    4. Jeffrey M Wooldridge, 2010. "Econometric Analysis of Cross Section and Panel Data," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262232588, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    European Integration; Trade Costs; Trade Policy; Risky Suppliers;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions

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