Gainers and Losers from Market Integration
35 Pages Posted: 14 May 2021
There are 2 versions of this paper
Gainers and Losers from Market Integration
CESifo Working Paper No. 7977
Number of pages: 25
Posted: 12 Dec 2019
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Date Written: April 1, 2021
Abstract
We compare integration of economic, matching and networking markets. There can be losers from integration in all three cases, but their relative numbers depend on the type of market. There can be many losers from integration of pure exchange economies. There are relatively few losers from integration of networking markets. In the matching case, the relative numbers tend to lie between those of the other two cases.
JEL Classification: C78, D02, D50, D85, F60
Suggested Citation: Suggested Citation
Gersbach, Hans and Haller, Hans H., Gainers and Losers from Market Integration (April 1, 2021). CEPR Discussion Paper No. DP16087, Available at SSRN: https://ssrn.com/abstract=3846196
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