• Title of article

    Does trade integration cause convergence?

  • Author/Authors

    A. Hughes Hallett، نويسنده , , Laura Piscitelli، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2002
  • Pages
    6
  • From page
    165
  • To page
    170
  • Abstract
    Using a business cycle model, we analyse the conditions for trade integration to produce economic convergence. We find large, stable economies with integrated structures are likely to diverge. But smaller, more volatile or less well integrated economies will converge. The symmetry of shocks is unimportant.
  • Keywords
    Cyclical convergence , Trade intensity , real business cycles
  • Journal title
    Economics Letters
  • Serial Year
    2002
  • Journal title
    Economics Letters
  • Record number

    434916