Economic Integration and Convergence: U.S. Regions, 1840–1987

Income Convergence In Iranian Regions

Economic Integration and Income Convergence: Not Such a Strong Link?

We would expect that the process of globalization between 1870 and 1914 and subsequent disintegration of the world economy during the interwar period would have led first to income convergence and then to income divergence between the participating countries. But in fact we find stronger evidence for income convergence during the interwar period than during the first globalization. Similarly, t...

Economic Convergence: an Analysis of Regions of the European Union

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...

Convergence across States and Regions

AN IMPORTANT economic question is whether poor countries or regions tend to converge toward rich ones. We want to know, for example, whether the poor countries of Africa, South Asia, and Latin America will grow faster than the developed countries, whether the south of Italy will become like its north, whether and how fast the eastern regions of Germany will attain the prosperity of the western ...