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
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