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International Integration and Growth: A Survey and Empirical Investigation

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  • Haveman, Jon D
  • Lei, Vivian
  • Netz, Janet S
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    Abstract

    The authors attempt a comprehensive assessment of different forms of international integration on growth. In particular, the paper considers the impact of trade flows, of inward foreign direct investment, of preferential treatment of less-developed countries, and of membership in trade blocs. Results confirm that general openness and foreign direct investment into a country do lead to increased growth; that membership in a trade bloc facilitates growth; and that the variation in income in the trade bloc also encourages more rapid growth among member countries. Copyright 2001 by Blackwell Publishing Ltd

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    Bibliographic Info

    Article provided by Wiley Blackwell in its journal Review of Development Economics.

    Volume (Year): 5 (2001)
    Issue (Month): 2 (June)
    Pages: 289-311

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    Handle: RePEc:bla:rdevec:v:5:y:2001:i:2:p:289-311

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    Cited by:
    1. Kose, Ayhan & Prasad, Eswar & Rogoff, Kenneth & Wei, Shang-Jin, 2006. "Financial Globalization: A Reappraisal," CEPR Discussion Papers 5842, C.E.P.R. Discussion Papers.
    2. Brodzicki Tomasz, 2003. "In search for accumulative effects of European economic integration," International Trade 0310006, EconWPA.
    3. Tomasz Brodzicki, 2005. "New empirical insights into the growth effects of economic integration within EU," International Trade 0505014, EconWPA.
    4. Anthony Makin & Wei Zhang & Grant Scobie, 2008. "The Contribution of Foreign Borrowing to the New Zealand Economy," Treasury Working Paper Series 08/03, New Zealand Treasury.
    5. Claire Economidou & Vivian Lei & Janet Netz, 2006. "International Integration and Growth: A Further Investigation on Developing Countries," International Advances in Economic Research, Springer, vol. 12(4), pages 435-448, November.
    6. Jesus Felipe & Franklin M. Fisher, 2006. "Aggregate production functions, neoclassical growth models and the aggregation problem/Funciones agregadas de producción, modelos neoclasicos de crecimiento y el problema de la agregación," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 24, pages 127-163, Abril.
    7. Nicholas Vasilakos & Nikolay Zubanov, 2009. "Income Convergence and R&D Intensity in OECD Manufacturing Industries: A Panel Study," Discussion Papers 09-09, Department of Economics, University of Birmingham.

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