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Recent Trends in Western European Income Convergence

Author

Listed:
  • Park, Donghyun

    (Nanyang Technological University)

Abstract

In the postwar era, economic interaction and integration among Western European countries has grown rapidly. We examine whether those close and growing linkages have led to inter-country income convergence in Western Europe during 1960-2000. We find clear empirical evidence of convergence. This provides strong support for the notion that Western Europe constitutes a convergence club.

Suggested Citation

  • Park, Donghyun, 2002. "Recent Trends in Western European Income Convergence," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 17, pages 80-84.
    • Handle: RePEc:ris:integr:0185
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    Citations

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    Cited by:

    1. Peter Wilson & Keen Meng Choy, 2007. "Prospects for enhanced exchange rate cooperation in East Asia: some preliminary findings from generalized PPP theory," Applied Economics, Taylor & Francis Journals, vol. 39(8), pages 981-995.
    2. Bruno Jetin, 2019. "ASEAN Economic Community: the shift from absolute to relative poverty, and the rise of the middle class," Post-Print halshs-02388525, HAL.

    More about this item

    Keywords

    Convergence; Economic Integration; Western Europe;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • F15 - International Economics - - Trade - - - Economic Integration
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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