Comerford, David; Mora, Rodríguez; Vicente, José - C.E.P.R. Discussion Papers - 2014
between sub-national states or regions. Using plausible counterfactual analysis, we assess the costs of independence for … independence takes on the calibrated frictions of a counterfactual independent country. If the main change that comes with the … independence of regions of larger countries is that their border with their former union partner comes to resemble a normal country …