Enlargement and the EU Periphery: The Impact of Changing Market Potential

Détails

ID Serval
serval:BIB_744DAA36888D
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
Enlargement and the EU Periphery: The Impact of Changing Market Potential
Périodique
The World Economy
Auteur⸱e⸱s
Brülhart M., Crozet M., Koenig P.
ISSN
0378-5920
Statut éditorial
Publié
Date de publication
2004
Peer-reviewed
Oui
Volume
27
Numéro
6
Pages
853-875
Langue
anglais
Résumé
We study the impact of changing relative market access in an enlarged EU on the economies of incumbent Objective 1 regions. First, we track the impact of external opening on internal spatial configurations in a three-region economic geography model. External opening gives rise to potentially offsetting economic forces, but for most parameter configurations it is found to raise the locational attractiveness of the region that is close to the external market. Then, we explore the relation between market access and economic activity empirically, using data for European regions, and we simulate the impact of EU enlargement on Objective 1 regions. Our predicted market-access induced gains in regional GDP and manufacturing employment are up to seven times larger in regions proximate to the new accession countries than in "interior" EU regions. We also find that a future Balkans enlargement could be particularly effective in reducing economic inequalities among the EU periphery, due to the positive impact on relative market access of Greek regions.
Mots-clé
New economic geography, market potential, EU enlargement
Web of science
Création de la notice
19/11/2007 11:33
Dernière modification de la notice
20/08/2019 15:32
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