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concentration forces in third world urban centers. That is, whether trade costs interact with the traditional push-and-pull effects … and exacerbate the concentration effects. In particular, controlling for the traditional push-and-pull effects we … concentration forces in urban centers. In addition, we find no evidence that trade barriers across boarders encourage concentration …
Persistent link: https://www.econbiz.de/10010840751
lack of real convergence. The paper investigates this …
Persistent link: https://www.econbiz.de/10010991726
This article analyses and explains the real convergence process in MENA countries over the past 50 years. It provides a … convergence of MENA countries towards the EU per capita income. Second, it provides an econometric modelling of the determinants … of convergence. Finally, it is based on a wide set of convergence indicators applied to various measures of per capita …
Persistent link: https://www.econbiz.de/10010991752
economic convergence of the real per capita GDP in the EU. Two measures of convergence are employed. The first is σ, which is … based on the cross standard deviation of the real per capita GDPs of the EU countries; the second is β convergence based on … support the hypothesis of economic convergence within the EU except for the 1980-85 sub-period where weak divergence was …
Persistent link: https://www.econbiz.de/10009318894
-economy exogenous growth model into a multi-country, open-economy endogenous growth model. Nevertheless, the conditional convergence and …
Persistent link: https://www.econbiz.de/10009318921
In this paper we propose the use of a sequential multivariate approach to test for convergence. These tests allow us to … reconcile the time series literature with the cross-sectional dimension which is basic when testing for convergence in regional … unit root tests in two stages. First, we test for non-convergence without identifying the countries within the group that …
Persistent link: https://www.econbiz.de/10009391439
This paper aims to investigate the dynamic changes in comparative advantage of the ASEAN, China, Republic of Korea and Japan (commonly abbreviated as the ASEAN+3). By applying statistical and econometric methods on Revealed Symmetric Comparative Advantage (RSCA) index, this paper concludes that...
Persistent link: https://www.econbiz.de/10009415572
Cluster analysis methods allow for a comparative study of countries through basic macroeconomic indicator fluctuations. Statistical distances between 15 EU countries are first calculated for various moving time windows. The decrease in time of the mean statistical distance is observed through...
Persistent link: https://www.econbiz.de/10009415585
In this paper, we use sixteen financial indices from the World Bank’s Financial Development and Structure database, to classify the OECD countries, according to their financial system structure, in five relatively homogenous clusters for the 1996-2005 period. We also examine the changes in...
Persistent link: https://www.econbiz.de/10009415597
This paper examines empirically whether and how regional integration leads to convergence and growth amongst developing …
Persistent link: https://www.econbiz.de/10009421178