A Theory of Regulatory Integration |
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Authors: | Phedon Nicolaides Professor of Economics European Institute of Public Administration Maastricht The Netherlands |
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Institution: | Phedon Nicolaides, Professor of Economics, European Institute of Public Administration (EIPA), Maastricht, The Netherlands. |
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Abstract: | Despite the significance of regulatory intervention in EU economies, there is little formal analysis of regulatory cooperation
in the integration literature. The following paper attempts to fill this gap by developing a simple model that allows us to
consider why member states would want to integrate their regulatory systems, to identify the potential costs and benefits,
to shed light on the national features which may influence the determination of the common regulatory values and to analyse
compliance issues that arise from the application of international agreements.
The author is grateful to Adriaan Schout, Helen Oberg, Frank Talsma and an anonymous referee for comments on an earlier draft. |
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