<p>The EU25 Member States’ GDP per capita levels converged in 1994-2005. Convergence occurred at an average speed of approximately 1.5 percent per year. In the first part of this paper unconditional convergence is analyzed by looking at both β- and σ-convergence and the performances of the catch-up economies are compared, discussed and related to the convergence definition. In a second stage, the catch-up performances are analyzed in relation to theory of economic integration. Substantial increases in labor productivity explain a great deal of the catch-up for poorer economies such as the Baltic states, while increases in employment have been relatively more important for the less poorer economies such as Spain, Portugal and Slovenia. Labor productivity is further elaborated and it is found that both FDIs and internal savings have been consistently higher for the catch-up economies than the non-catching-up economies. FDIs are also assumed to have indirect effects such as promoting incorporation of technology.</p>

The EU25 Member States’ GDP per capita levels converged in 1994-2005. Convergence occurred at an average speed of approximately 1.5 percent per year. In the first part of this paper unconditional convergence is analyzed by looking at both β- and σ-convergence and the performances of the catch-up economies are compared, discussed and related to the convergence definition. In a second stage, the catch-up performances are analyzed in relation to theory of economic integration. Substantial increases in labor productivity explain a great deal of the catch-up for poorer economies such as the Baltic states, while increases in employment have been relatively more important for the less poorer economies such as Spain, Portugal and Slovenia. Labor productivity is further elaborated and it is found that both FDIs and internal savings have been consistently higher for the catch-up economies than the non-catching-up economies. FDIs are also assumed to have indirect effects such as promoting incorporation of technology.

European Union andChinaare very important economic entities in the world. Trade between them has quite a long history and affects the world trade enormously. The appearance of economic integration in the worldwide influences international trade largely and the influence is becoming bigger and bigger. The integration ofEuropeaffects trade between these two big entities, too. As there’re a few researches about this topic, this paper is going to study what may happen to trade betweenChinaand EU under the influence of economic integration ofEurope. Firstly, I show the history between these two entities to make the background clear. Secondly, I represent some important theories about international trade. Then by using Krugman’s new trade theory, I analyze current situation of trade between them. After that, I introduce economic integration in detail. At last, with the help of Panel Cointegration and Vector Error Correction Model built by Zhang Bin and Yang Yong, I get my conclusion about the future of trade between China and EU: Economic integration of Europe has a negative influence on trade between China and EU, but the influence is not strong enough to change the pattern of today’s trade. Trade pattern betweenChinaand EU will go on developing.

Thesis (Ph. D.)--Ohio State University, 2003. / Title from first page of PDF file. Document formatted into pages; contains xiii, 268 p.; also includes graphics (some col.). Includes abstract and vita. Adviser: Donald Haurin, Dept. of Economics. Includes bibliographical references (p. 256-268).

Not available / text

published_or_final_version / Politics and Public Administration / Master / Master of Philosophy

No description available.

The creation of a Free Trade Area of the Americas (FTAA) by the year 2005 has been a serious undertaking in the hemisphere since the first Summit of the Americas held in Miami in December of 1994. This entails the creation of a free trade agreement that would include virtually all the nations of the Western Hemisphere. However, this is not the first attempt at the creation of trade agreements within the region. From early efforts such as the Latin American Free Trade Agreement to current ones such as the North American Free Trade Agreement and the MERCOSUR, there has been a push for the past 40 years at the use of free trade as a tool for economic development. Nevertheless, traditionally there has been a lack of legal and institutional analysis in the formation of these trading blocs. The same thing appears to be happening in the formation of the FTAA. This thesis analyzes and compares the differing trading blocs in the Western Hemisphere in terms of institutions and capacity to create regional norms and proposes the institutional framework needed for successful regional integration for the FTAA. It then looks at legal obstacles within the Constitutions of select States to the formation of this framework and problems that may arise in jurisdictional uncertainties between the plethora of trading blocs.

This thesis presents a survey of the development of economic growth theory, including the latest developments in the relationship between international economic integration through international flows of goods and/or knowledge and endogenous economic growth. Based on the following literature review, a new and more reasonable model for the research and development (i.e., the R&D) sector--a sector which is considered the source of long-run growth--is offered in order to develop and improve the framework built by Rivera-Batiz and Rome (1991), i.e. the RBR model. This new model will make the RBR framework more complete and rational. In this new model, it is proved that any form of economic integration will increase the long-run rate of growth, and these results are compared with those of the RBR. Moreover, Devereux and Lapham's efforts to find some dynamic analysis along the transitional path under two different situations: knowledge flows only, and both goods and knowledge flows, are continued in the same model. It is found that when only knowledge is allowed to flow across borders, economic integration generates corner solutions for the production of the R&D sector, while this does not happen when complete goods and knowledge flows exist. However, the real balanced growth rates in these diverse situations are higher than they are in autarky.

No abstract available. / Thesis (Ph.D.)-University of Natal, Durban, 2001.