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. If factor mar - kets do not integrate, the macroeconomic impact on South Korea of economic integration with the North is …
Persistent link: https://www.econbiz.de/10010840695
Theory is ambiguous as to how globalization influences the relative performances of rich and poor countries. This paper surveys some recent literature on the historical links between international commodity and factor market integration and convergence. Focussing on the late 19th century, a...
Persistent link: https://www.econbiz.de/10010840715
explaining the long-run strong performancee of global exports; (2)The deterrent effect of economic and cultural distance on … Sachs and Warner [1985], and show by them to be associated with faster economic growth, in indeed associated with greater …
Persistent link: https://www.econbiz.de/10010840741
This paper examines whether economic integration facilitates convergence in per capita income by investigating the post …-war convergence experience within three regional economic areas: the Association of Southeast Asian Nations (ASEAN), the European …
Persistent link: https://www.econbiz.de/10010840815