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Measuring the Economic Costs and Benefits of the EU

Minford, Anthony Patrick Leslie 2006. Measuring the Economic Costs and Benefits of the EU. Open Economies Review 17 (4-5) , pp. 509-524. 10.1007/s11079-006-0362-x

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Abstract

The EU has pursued protectionist policies not merely in food but also in manufacturing at the customs union level. In services it has not dismantled much of the existing national protectionism. The economic costs are calculated here at some 3% of GDP for the UK and some 2% for the rest of the EU. Added to its social interventionism, these costs suggest that the EU has put political integration before economic efficiency.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
J Political Science > JN Political institutions (Europe)
Uncontrolled Keywords: Protectionism; manufactures; anti-dumping; tariff equivalent; customs union; competition
Publisher: Springer
ISSN: 0923-7992
Last Modified: 04 Jun 2017 04:32
URI: http://orca-mwe.cf.ac.uk/id/eprint/40575

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