This paper examines whether economic integration favors countries' convergence into a common cone of diversification … integration in Europe is found to have promoted convergence from lower to higher diversification cones. …

This paper examines whether economic integration favors countries' convergence into a common cone of diversification … integration in Europe is found to have promoted convergence from lower to higher diversification cones. …

convergence which we analyze on the aggregate level as well as specifically for manufacturing and service industries. For this we … implement both time series and panel data methods. Our results indicate overall structural convergence between Western European … countries over time. This is mainly due to strong intersectoral convergence patterns as countries shift from industrialized to …

convergence which we analyze on the aggregate level as well as specifically for manufacturing and service industries. For this we … implement both time series and panel data methods. Our results indicate overall structural convergence between Western European … countries over time. This is mainly due to strong intersectoral convergence patterns as countries shift from industrialized to …

convergence or economic cohesion, respectively. Following this strand of theory no regional policy is needed to achieve … convergence among the regions or nations of a common market. Thus, comparing the two internal markets, the question comes up if … inhibiting internal migration, which is one of the key measures in achieving convergence among the nations in the Single European …

neoclassical economic theory, allocative efficiency and thus an achievement of a welfare maximum, and an income convergence can …