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Macroeconomic Effects of European Integration on the Finnish Economy: A Simulation Study

Author

Listed:
  • Lahti, Ari

    (Bank of Finland Economics Department)

Abstract

The aim of this study is to discuss and to quantify the macroeconomic effects of further European integration on the countries outside the European Community. We use Finnish economy as an example in our quantitative analysis. However, for the most part of the study the analysis is in general level and thus can be applied to many other countries as well, especially to other EFTA countries.

Suggested Citation

  • Lahti, Ari, 1990. "Macroeconomic Effects of European Integration on the Finnish Economy: A Simulation Study," Working Paper Series 271, Research Institute of Industrial Economics.
    • Handle: RePEc:hhs:iuiwop:0271
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    File URL: https://www.ifn.se/wfiles/wp/wp271.pdf
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    References listed on IDEAS

    as
    1. Alexis Jacquemin, 1982. "Imperfect Market Structure And International Trade ‐ Some Recent Research," Kyklos, Wiley Blackwell, vol. 35(1), pages 75-93, February.
    2. Smith, Alasdair & Venables, Anthony J., 1988. "Completing the internal market in the European Community : Some industry simulations," European Economic Review, Elsevier, vol. 32(7), pages 1501-1525, September.
    3. Corden, W M, 1972. "Economies of Scale and Customs Union Theory," Journal of Political Economy, University of Chicago Press, vol. 80(3), pages 465-475, May-June.
    4. repec:zbw:bofrdp:1988_024 is not listed on IDEAS
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    More about this item

    Keywords

    Economic integration; Simulation; Macroeconomic effects;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • F15 - International Economics - - Trade - - - Economic Integration
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts

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