Dreger, Christian; Kholodilin, Konstantin Arkadievich; … - 2007
In this paper we investigate the effects of EU enlargement on price convergence. The internal market is expected to … boost integration and increase efficiency and welfare through a convergence of prices in product markets. Two principal … convergence can be established. However, the speed of convergence is rather slow, with half lives around 10 years. The enlargement …