nep-afr 2005-06-19 papers

on Africa

Issue of 2005‒06‒19
one paper chosen by
Suzanne McCoskey
US Naval Academy

A NOTE ON INCOME CONVERGE EFFECTS IN REGIONAL INTEGRATION AGREEMENTS By Fabrizio Carmignani

A NOTE ON INCOME CONVERGE EFFECTS IN REGIONAL INTEGRATION AGREEMENTS

By:	Fabrizio Carmignani (United Nations Economic Commission for Europe)
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.
JEL:	F15 O40 C12 C23
Date:	2005–06–14
URL:	http://d.repec.org/n?u=RePEc:wpa:wuwpit:0506005&r=afr

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