Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/226284
Authors: 
Campos, Nauro F.
Eichenauer, Vera Z.
Sturm, Jan-Egbert
Year of Publication: 
2020
Series/Report no.: 
CESifo Working Paper No. 8582
Abstract: 
This paper addresses two main questions: (a) Has European integration hindered the implementation of labour, financial and product market structural reforms? (b) Do the effects of these reforms vary more across sectors than across countries? Using more granular reform measures, longer time windows and a larger sample of countries than previous studies, we confirm that the euro triggered product but neither labour nor financial market reforms. Differently from previous studies, we find that: (a) the Single Market has similar effects to the euro, and (b) sectoral heterogeneity appears less important in explaining the economic impacts of reforms than country heterogeneity.
Subjects: 
European integration
structural reforms
single market
euro
sectoral heterogeneity
JEL: 
F40
N10
N40
O40
Document Type: 
Working Paper

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