A NOTE ON INCOME CONVERGE EFFECTS IN REGIONAL INTEGRATION AGREEMENTS

Fabrizio Carmignani
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Fabrizio Carmignani: United Nations Economic Commission for Europe

International Trade from EconWPA

Abstract: This paper investigates the extent of per-capita income convergence in regional integration initiatives. Panel unit root testing is performed on 28 regional groupings. There is evidence of convergence in South- South integration, but this might be taking place to the bottom.

Keywords: Regional integration; Income convergence; Heterogeneous dynamic panels. (search for similar items in EconPapers)
JEL-codes: F15 O40 C12 C23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-afr, nep-dev and nep-geo
Date: Written 2005-06-14
Note: Type of Document - pdf; pages: 10
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