A note on income converge effects in regional integration agreements
This paper investigates the extent of per-capita income convergence in regional integration initiatives. Panel unit root testing is performed on 28 regional groupings. There is evidence of convergence in South- South integration, but this might be taking place to the bottom.
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- Levin, Andrew & Lin, Chien-Fu & James Chu, Chia-Shang, 2002.
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"Testing for Unit Roots in Heterogeneous Panels,"
Cambridge Working Papers in Economics
9526, Faculty of Economics, University of Cambridge.
- Ben-David, Dan, 1996.
"Trade and convergence among countries,"
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Elsevier, vol. 40(3-4), pages 279-298, May.
- Anthony J. Venables, 2003.
"Winners and losers from regional integration agreements,"
Royal Economic Society, vol. 113(490), pages 747-761, October.
- Venables, Anthony J, 2000. "Winners and Losers from Regional Integration Agreements," CEPR Discussion Papers 2528, C.E.P.R. Discussion Papers.
- Maurice Schiff & L. Alan Winters, 2003. "Regional Integration and Development," World Bank Publications, The World Bank, number 15172.
- Schiff, Maurice & Winters, L Alan, 1998.
"Regional Integration as Diplomacy,"
World Bank Economic Review,
World Bank Group, vol. 12(2), pages 271-95, May.
- Ben-David, Dan, 1993. "Equalizing Exchange: Trade Liberalization and Income Convergence," The Quarterly Journal of Economics, MIT Press, vol. 108(3), pages 653-79, August.
- Hall, Stephen G & Robertson D & Wickens, M R, 1997. "Measuring Economic Convergence," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 2(2), pages 131-43, April.
- Karras, Georgios, 1997. "Economic Integration and Convergence: Lessons from Asia, Europe and Latin America," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 12, pages 419-432.
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