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
Link To Document :
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