Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/235096 
Year of Publication: 
2020
Series/Report no.: 
KOF Working Papers No. 482
Publisher: 
ETH Zurich, KOF Swiss Economic Institute, Zurich
Abstract: 
This paper addresses two main questions: (a) Has European integration hindered the implementation of labour, financial and product market structural reforms? (b) Do the effects of these reforms vary more across sectors than across countries? Using more granular reform measures, longer time windows and a larger sample of countries than previous studies, we confirm that the euro triggered product but neither labour nor financial market reforms. Differently from previous studies, we find that: (a) the Single Market has similar effects to the euro, and (b) sectoral heterogeneity appears less important in explaining the economic impacts of reforms than country heterogeneity.
Subjects: 
European integration
structural reforms
SingleMarket
Euro
sectoral heterogeneity
JEL: 
F4
N1
N4
O4
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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