Studies the effects of speed of international factor markets integration within a general equilibrium, two country model. Variant of Diamond's overlapping generations model; Effects of an international factor market liberalization; Determination of the amount of capital needed to integrate Eastern Europe with the European Community.

International Economic Review
Erasmus School of Economics

Dellas, H, & de Vries, C.G. (1995). Piecemeal versus precipitous factor market integration. International Economic Review, 569–582. Retrieved from