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European economic integration is commonly believed to be incomplete, and that further reforms are needed. In this context, the union of U.S. states is considered the benchmark of complete economic integration and is often the basis for comparison regarding the extent of E.U economic integration....
Persistent link: https://www.econbiz.de/10011379627
The Middle East was once seen as a medieval great globalized force. Nowadays it shows one of the lowest intra-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady flow of workers across national borders of the Middle East is this...
Persistent link: https://www.econbiz.de/10011305771
To investigate the role of intra-regional trade integration on economic growth in Latin America, we develop a … factor for explaining growth, while the importance of domestic spillovers is limited. The growth volatility is substantively …
Persistent link: https://www.econbiz.de/10014233425
equal-share property implies that, if economic policies are also largely harmonized across FIE members, the growth in any … that growth models of FIE members must embody the assumption of homogeneity of random growth processes across members …. Given its importance for our understanding of underlying growth mechanisms for such members, we empirically examine for …
Persistent link: https://www.econbiz.de/10011343232
it constraints the set of policies that can affect each member’s relative growth within an integrated economy. We …
Persistent link: https://www.econbiz.de/10011343242
Persistent link: https://www.econbiz.de/10003392190
While most papers_new on team decision-making find teams to behave more selfish, less trusting and less altruistic than individuals, Cason and Mui (1997) report that teams are more altruistic than individuals in a dictator game. Using a within-subjects design we re-examine group polarization by...
Persistent link: https://www.econbiz.de/10011349704
Persistent link: https://www.econbiz.de/10010191381
This paper studies the connection between trade and growth in the context of a partial and inconsistent liberalization … for the closer integration with Russia and the impact of this process on Belarus growth led us to the conclusion that the … conclusion is supported by the results of country-specific growth regressions and of a counterfactual free trade experiment via a …
Persistent link: https://www.econbiz.de/10011326958
In this paper we explore linkages between financial services tradeand growth. We offer aformalization of the argument … econometric exercise. Cross-country growth regressionspoint to a strong positive relationship between financial sectorcompetition … and financial sectoropenness, and between growth and financial sector competition. …
Persistent link: https://www.econbiz.de/10011301163