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Economic Integration and Convergence: Lessons from Asia, Europe and Latin America

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Author Info

  • Karras, Georgios

    ()
    (The University of Illinois at Chicago)

Abstract

This paper examines whether economic integration facilitates convergence in per capita income by investigating the post-war convergence experience within three regional economic areas: the Association of Southeast Asian Nations (ASEAN), the European Union (EU), and the Latin American Free Trade Area (LAFTA). A number of different empirical tests and specifications provide evidence that convergence in income per capita has been the strongest and most rapid in the EU, milder but probably present in LAFTA, and nonex - istent in ASEAN.

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Bibliographic Info

Article provided by Center for Economic Integration, Sejong University in its journal Journal of Economic Integration.

Volume (Year): 12 (1997)
Issue (Month): ()
Pages: 419-432

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Handle: RePEc:ris:integr:0057

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Web page: http://econo.sejong.ac.kr/
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Related research

Keywords: Economic; Integration;

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Cited by:
  1. Fabrizio Carmignani, 2005. "A Note On Income Converge Effects In Regional Integration Agreements," International Trade 0506005, EconWPA.
  2. FE, Doukouré Charles, 2010. "Réduction de Droits de Douane et Convergence Réelle dans l'UEMOA
    [Tariffs Reduction and Real Convergence in WAEMU]
    ," MPRA Paper 26763, University Library of Munich, Germany.

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