Leaving a trade area can substantially reduce innovation and productivity
Santos, C. D.
(2017).
Leaving a trade area can substantially reduce innovation and productivity.
The advantage of being in a trade area like the European Union is that a company can sell its products and services to a larger pool of customers. These are the usual gains from trade: each company/country specializes in what it does best, and by doing so, increases consumer welfare. By selling to a larger pool of customers, companies also ...
| Item Type | Online resource |
|---|---|
| Copyright holders | © 2017 The Author(s) |
| Departments | LSE |
| Date Deposited | 23 Oct 2017 |
| URI | https://researchonline.lse.ac.uk/id/eprint/84782 |