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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- Maurice Schiff & L. Alan Winters, 2003. "Regional Integration and Development," World Bank Publications, The World Bank, number 15172.
- 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.
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2528, C.E.P.R. Discussion Papers.
- Anthony J. Venables, 2003. "Winners and losers from regional integration agreements," Economic Journal, Royal Economic Society, vol. 113(490), pages 747-761, October.
- Schiff, Maurice & Winters, L Alan, 1998.
"Regional Integration as Diplomacy,"
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- 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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