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Erscheinungsjahr: 
2005
Schriftenreihe/Nr.: 
ZEI Working Paper No. B 07-2005
Verlag: 
Rheinische Friedrich-Wilhelms-Universität Bonn, Zentrum für Europäische Integrationsforschung (ZEI), Bonn
Zusammenfassung: 
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.
Schlagwörter: 
Multiple Diversification Cones
Convergence
European Integration
Threshold Estimation
Dynamic Probit Models
JEL: 
F11
F15
C2
Dokumentart: 
Working Paper

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