G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15982
DP15982 The United States of Europe: A gravity model evaluation of the four freedoms
Keith Head; Thierry Mayer
发表日期2021-03-31
出版年2021
语种英语
摘要One of the pillars of the 1957 Treaty of Rome that ultimately led to the European Union is the commitment to the four freedoms of movement (goods, services, persons, and capital). Over the following decades, as the members expanded in numbers, they also sought to deepen the integration between themselves in all four dimensions. This paper estimates the success of these policies based primarily on a gravity framework. Distinct from past evaluations, we augment the traditional equation for international flows with the corresponding intra-national flows, permitting us to distinguish welfare-improving reductions in frictions from Fortress Europe effects. We complement the gravity approach by measuring the extent of price convergence. We compare both quantity and price assessments of free movement with corresponding estimates for the 50 American states.
主题International Trade and Regional Economics
URLhttps://cepr.org/publications/dp15982
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/544969
推荐引用方式
GB/T 7714
Keith Head,Thierry Mayer. DP15982 The United States of Europe: A gravity model evaluation of the four freedoms. 2021.
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