Goods and Factor Market Integration
A Quantitative Assessment of the EU Enlargement
Bibliographic Data
| ID | 10175871 |
|---|---|
| Authors | Lorenzo Caliendo (0000-0002-2599-7615, Yale University), Luca David Opromolla (0000-0002-5684-9893, Banco de Portugal), Fernando Parro (Pennsylvania State University), Alessandro Sforza (University of Bologna) |
| Year | 2021 |
| Volume | 129 |
| Issue | 12 |
| Pages | 3491-3545 |
| Publication date | 2021-07-21 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/716560 |
| OpenAlex | W4285415852 |
| Language | EN |
| Citations received | 15 |
| References cited | 39 |
We build a multicountry dynamic general equilibrium model to study the economic effects of the 2004 enlargement of the European Union. In our model, trade is costly and households of different skills and nationalities face costly forward-looking migration decisions. We exploit the timing of migration policy changes to identify the changes in migration costs. We find that the changes in migration and trade policy resulted in aggregate welfare gains but with heterogeneous effects across skill groups. We study the interaction between trade and migration policies and highlight the importance of trade for quantifying the welfare and migration effects of labor market integration
Economic integration · Economics · European union · Exploit · General equilibrium theory · International economics · International trade · Macroeconomics · Market economy · Market integration · Resizing · Trade barrier · Welfare · Economic Policies and Impacts · Global trade and economics · Migration and Labor Dynamics
The Effects of Climate Change in the Poorest Countries
Who Benefits from Domestic Market Integration
Highway Construction, Labor Reallocation, and Welfare Gains Under Migration Frictions
Freedom of movement for workers
High-Skill Migration, Multinational Companies, and the Location of Economic Activity
Migrants, Trade, and Market Access
Labor market competition and inequality
European funds and firm performance
Perspektiv på EØS 30 år
The welfare effects of the Belt and Road Initiative
Risk, arbitrage, and spatial price relationships
Dispelling myths
CO2 emissions mitigation potential from inter-provincial trade restructuring and technology diffusion in China
Beyond GDP
Decompose food price disparities in China
Research, Patenting, and Technological Change
Revisiting the German Wage Structure
Technology, Geography, and Trade
Trade and Labor Market Dynamics
Trade and the Topography of the Spatial Economy
Estimates of the Trade and Welfare Effects of Nafta
Local Economic Development, Agglomeration Economies, and the Big Push
Quantitative Spatial Economics
Goods trade, factor mobility and welfare
Capital-skill Complementarity and Inequality
The Economics of Density
Changes in Relative Wages, 1963-1987
The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
Investigating Causal Relations by Econometric Models and Cross-spectral Methods
Rethinking the Effect of Immigration on Wages
Inequality, the Urban-Rural Gap, and Migration
Looking for Local Labor Market Effects of Nafta
Long-Run Substitutability Between More and Less Educated Workers
The Productivity Advantages of Large Cities
The Aggregate Productivity Effects of Internal Migration
R & D-Based Models of Economic Growth
Identifying Agglomeration Spillovers
Wage Inequality and the Rise in Returns to Skill
The Geography of Development
Changes in Earnings Inequality
| Unique citing works | 15 |
|---|---|
| Citations per year | 5 |
| Citation span | 2023 - 2026 (4) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 15 |