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Dynamic Effects of Economic Integration: A Survey

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Abstract

This review article discusses recent models investigating the long-run effects of economic integration. Using endogenous growth approaches this literature looks at the channels through which integration policies (trade liberalization, liberalization of factor mobility, free flow of technological knowledge, etc.) might change the long-run growth rates and specialization patterns of countries involved. We distinguish between international integration, referring to the integration of a country in the world economy, and regional integration, i.e., the formation of regional integration blocs.

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Authors and Affiliations

  1. Department of Economics, University of Bochum, D-44780, Bochum, Germany

    Uwe Walz

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  1. Uwe Walz
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Walz, U. Dynamic Effects of Economic Integration: A Survey. Open Economies Review 8, 309–326 (1997). https://doi.org/10.1023/A:1008298900468

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