nep-dev New Economics Papers
on Development
Issue of 2005‒06‒19
two papers chosen by
Jeong-Joon Lee
Towson University
  1. A NOTE ON INCOME CONVERGE EFFECTS IN REGIONAL INTEGRATION AGREEMENTS By Fabrizio Carmignani
  2. Who Benefits from a Better Education Environment? By Akiomi Kitagawa; Ryo Horii; Koichi Futagami
  1. 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=dev
  2. By: Akiomi Kitagawa (Graduate School of Economics, Osaka University); Ryo Horii (Graduate School of Economics, Osaka University); Koichi Futagami (Graduate School of Economics, Osaka University)
    Abstract: Using an overlapping generations model, this note shows that an improvement in the efficiency of human capital production decreases the net income of the young household while increasing that of the old. Without compensating redistribution, it deteriorates lifetime utilities of all generations except for the initial old households.
    Keywords: human capital; intergenerational income distribution; overlapping generations.
    JEL: J24 O15 I22
    Date: 2004–07
    URL: http://d.repec.org/n?u=RePEc:osk:wpaper:04-15&r=dev
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