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APEC Moves Behind-the-Border: Evidence that Structural Reform Will Hasten Income Convergence in the Asia-Pacific Region

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  • Robert A. Buckle
  • Amy A. Cruickshank

Abstract

This paper provides empirical estimates of the impact of domestic regulations and structural policies on income convergence in APEC economies since 1989. It is concluded that structural policies can reduce the ‘half-life’ of complete income convergence from about a century to a matter of a single generation. It also analyses the recent shift in focus of APEC to place greater emphasis on structural policies in promoting regional economic integration.

Suggested Citation

  • Robert A. Buckle & Amy A. Cruickshank, 2008. "APEC Moves Behind-the-Border: Evidence that Structural Reform Will Hasten Income Convergence in the Asia-Pacific Region," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 15(4), pages 19-34.
    • Handle: RePEc:acb:agenda:v:15:y:2008:i:4:p:19-34
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    File URL: http://press-files.anu.edu.au/downloads/press/p88011/pdf/15-4-AN-2.pdf
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