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Decomposing the Economic Costs and Benefits of Accession to the EU: the Swiss Case
2001
Journal of Economic Integration
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This paper proposes a decomposition of the likely effects of a "deep" regional integration arrangement for a small country. It is based on a steady-state general equilibrium model which allows to capture the long-term effects of a variety of factors, including the reduction of non-tariff barriers, immigration, budgetary transfers and monetary integration. Particular care is given to the modeling of wealth accumulation, with savings endogenized on the basis of an overlapping generation
doi:10.11130/jei.2001.16.2.203
fatcat:hxqy3u7snbb3hbiigdb2vybtk4