ECONOMIC BENEFITS OF INTEGRATION PROCESSES

Impact of Oil, Crises and Economic Integration on Growth:

While energy especially oil, crises and economic integration have been playing an important role indevelopment and growth in East West Asia economies and their intertwining relations, only limitedquantitative research on their impact has been carried out and reported for improved debate andcredible policy use. This paper uses an econometric modeling innovation with features superior toexisting ...

Relationship between Economic Integration and Business

One of the basic tenets in recent international trade literature is about the effect of trade integration on business cycle synchronization (BCS) among trading countries. The objective of this paper is to explore the main determinants of business cycle synchronization, with emphasis on trade integration. To this end, we have specified two simultaneous regression equations which were estimated b...

Why Regional Integration Benefits

1 What Is Regional Integration? In 1965 Sir Arthur Lewis wrote, “These islands did not start on the federal road in a fit of idleness. They started because it was clear that a Federation is the only possible solution of their problems.” To better understand what Sir Arthur meant, we must first define the term regional integration. Although this term has been in existence for a long time, a prec...

Benefits of Enterprise Integration Systems

Quantifying the long-term economic benefits of European electricity system integration

This paper aims to quantify the long-term economic benefits that arise from an increasing integration of the pan-European electricity system by means of comparing model-based decarbonization scenarios developed with the model LIMES-EU+. It explicitly accounts for the interplay between transmission infrastructure and renewable generation capacity expansion. We confirm earlier findings that, on a...