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This paper quantifies the interdependence in national labor markets in Central America, a topic that has not received attention in the economic integration literature. Two sets of panel data are constructed--one formed by the aggregation of annual time series data from Costa Rica and El...
Persistent link: https://www.econbiz.de/10011213129
This paper demonstrates that the appropriate econometric technique of testing for the effect of regional integration on bilateral trade is to augment the standard gravity model with country specific dummies instead of regional integration dummies. Using data on bilateral trade between Tanzania...
Persistent link: https://www.econbiz.de/10011213142
The long term dynamics of growth and structural change in open economies are discussed where integration aspects are included. Taking a closer look at basic economic dynamics, namely developments in terms of sustainable growth and international interdependencies, the theoretical section...
Persistent link: https://www.econbiz.de/10008540463