Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/30348
Title: International evidence on convergence and openness
Authors: Chortareas, Georgios E.
Desli, Evangelia
Pelagidis, Theodore
Keywords: Convergence (Economics)
Economic development
Free trade
Commercial policy
Issue Date: 2002
Publisher: University of Piraeus. International Strategic Management Association
Citation: Chortareas, G., Desli, E., & Pelagidis, T. (2002). International Evidence on Convergence and Openness. European Research Studies Journal, 5(3-4), 91-113.
Abstract: In this paper we examine for both economic convergence and openness convergence across the global economy and within specific regions. We find that convergence in openness is much more profound than income convergence. Moreover, convergence within regions takes place faster than convergence across the globe. We then examine for the effects of trade openness on income convergence. We use both trade openness indicators based on actual trade volumes as well as indices that rank countries according to trade policy openness. Finally, we consider the effects of such indices on openness convergence. We discuss our results in the context of the regionalism versus globalization debate.
URI: https://www.um.edu.mt/library/oar//handle/123456789/30348
ISSN: 11082976
Appears in Collections:European Research Studies Journal, Volume 5, Issue 3-4

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