Gainers and Losers from Market Integration

35 Pages Posted: 14 May 2021

See all articles by Hans Gersbach

Hans Gersbach

ETH Zurich - CER-ETH -Center of Economic Research; IZA Institute of Labor Economics; CESifo (Center for Economic Studies and Ifo Institute); Centre for Economic Policy Research (CEPR)

Hans H. Haller

Virginia Polytechnic Institute & State University - Department of Economics

Multiple version iconThere are 2 versions of this paper

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

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

Hans Gersbach (Contact Author)

ETH Zurich - CER-ETH -Center of Economic Research ( email )

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CESifo (Center for Economic Studies and Ifo Institute)

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Hans H. Haller

Virginia Polytechnic Institute & State University - Department of Economics ( email )

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