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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15982 |
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 |
URL | https://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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