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Title:Economic integration in a multicone world? PDF Logo
Authors:Volpe Martincus, Christian
Pédussel Wu, Jennifer
Issue Date:2005
Series/Report no.:ZEI working paper B 07-2005
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.
Subjects:Multiple Diversification Cones
European Integration
Threshold Estimation
Dynamic Probit Models
Document Type:Working Paper
Appears in Collections:ZEI Working Papers, Zentrum für Europäische Integrationsforschung, Universität Bonn

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