Bajo-Rubio, Oscar; Díaz-Roldán, Carmen; Gómez-Plana, … - Centro de Estudios Andaluces, Government of Andalusia - 2004
In this paper we examine whether the conventional result of a greater degree of integration leading to lower price-cost margins (i.e., the pro-competitive effect), would hold when two countries integrate by forming a common market. We propose a general framework of reference, in order to assess...