Working Paper

Gainers and Losers from Market Integration

Hans Gersbach, Hans Haller
CESifo, Munich, 2019

CESifo Working Paper No. 7977

We compare integration of economic, matching and networking markets. There can be losers from integration in all three cases, but their relative numbers depend on the type of market. There can be many losers from integration of pure exchange economies. There are relatively few losers from integration of networking markets. In the matching case, the relative numbers tend to lie between those of the other two cases.

CESifo Category
Industrial Organisation
Empirical and Theoretical Methods
Keywords: competitive exchange, matching theory, networks, market integration
JEL Classification: C780, D020, D850