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Leaving a trade area can substantially reduce innovation and productivity

Santos, Carlos Daniel (2017) Leaving a trade area can substantially reduce innovation and productivity. LSE Business Review (22 Sep 2017). Website.

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Abstract

The advantage of being in a trade area like the European Union is that a company can sell its products and services to a larger pool of customers. These are the usual gains from trade: each company/country specializes in what it does best, and by doing so, increases consumer welfare. By selling to a larger pool of customers, companies also ...

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/businessreview/
Additional Information: © 2017 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
J Political Science > JN Political institutions (Europe)
Date Deposited: 23 Oct 2017 10:44
Last Modified: 15 Sep 2023 21:09
URI: http://eprints.lse.ac.uk/id/eprint/84782

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