Discussion paper

DP16087 Gainers and Losers from Market Integration

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.


Gersbach, H and H Haller (2021), ‘DP16087 Gainers and Losers from Market Integration‘, CEPR Discussion Paper No. 16087. CEPR Press, Paris & London. https://cepr.org/publications/dp16087