Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/95134 
Authors: 
Year of Publication: 
1990
Series/Report no.: 
IUI Working Paper No. 272
Publisher: 
The Research Institute of Industrial Economics (IUI), Stockholm
Abstract: 
The paper presents a first attempt at assessing general equilibrium effects of 1992. Two kinds of general equilibrium effects are relevant: one (dampening) effect stemming from the common resource constraints, the other one related to the fact that the relative competitiveness of industries may be altered as a consequence of the integration. This paper focuses on the second type of general equilibrium effects, and the results show that there may be additional gains for the EC stemming from terms-of-trade improvements and reduced dependence on subsidized and protected industries. The paper also presents general equilibrium assessments for Norway, under various assumptions regarding Norwegian participation in the integration process.
Subjects: 
Economic integration
Welfare
Trade
JEL: 
F12
F15
I31
Document Type: 
Working Paper

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