Manzocchi, Stefano; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2000
We use a spatial model of endogenous growth to investigate the likely impact of discriminatory integration among two …-wise integration causes insider-outsider divergence. Nonetheless, outsiders can gain in absolute terms if integration fosters the … costs, which can be reduced by careful integration design. In this respect, the asymmetric phasing-out of trade barriers …