@techreport{VolpeMartincus2005Economic,
abstract = {This paper examines whether economic integration favors countries' convergence into a common cone of diversification. We analyze the manufacturing specialization patterns for a sample of 19 current and potential European Union countries over the period 1963-1998, and assess the impact of integration on their evolution. We perform year-by-year threshold estimations of Rybczynski relationships to identify  the diversification cones and then estimate discrete choice models to investigate whether membership in the European Union is associated with a higher probability of being in a same cone. Economic integration in Europe is found to have promoted convergence from lower to higher diversification cones.},
address = {Bonn},
author = {Christian Volpe Martincus and Jennifer P\'{e}dussel Wu},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {F11; F15; C2; 330; Multiple Diversification Cones; Convergence; European Integration; Threshold Estimation; Dynamic Probit Models; Wirtschaftsintegration; Internationale Arbeitsteilung; Intraindustrieller Handel; Entwicklungskonvergenz; Sch\"{a}tzung; EU-Staaten},
language = {eng},
number = {B 07-2005},
publisher = {ZEI},
title = {Economic integration in a multicone world?},
type = {ZEI working paper},
url = {http://hdl.handle.net/10419/39452},
year = {2005}
}
