Economic integration and convergence of per capita income in West Africa

被引:32
作者
Jones, B [1 ]
机构
[1] Int Dev Res Ctr IDRC, Secretariat Inst Support Econ Res Africa SISERA, Dakar, Senegal
来源
AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT | 2002年 / 14卷 / 01期
关键词
D O I
10.1111/1467-8268.00044
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
Economic co-operation at the regional and sub-regional level has been an important feature of the economic development policies of developing countries. The Economic Community of West African States (ECOWAS) was established in 1975 with a view, inter alia, to promote economic co-operation and integration in West Africa. This paper tests for beta and sigma convergence for a group of low-income countries in Africa where studies of this nature is sparse. Both cross sectional and time series approach is used to investigate convergence. The results show that ECOWAS countries form a convergence club, that is, the tendency for per capita income to convergence and a diminution of the standard deviation of per capita income over time.
引用
收藏
页码:18 / 47
页数:30
相关论文
共 62 条
[31]  
DURLAUF S, 1996, ECON J, P1016
[32]  
FRIEDMAN M, 1992, J ECON LIT, V30, P2129
[33]   Convergence? Inferences from theoretical models [J].
Galor, O .
ECONOMIC JOURNAL, 1996, 106 (437) :1056-1069
[34]   Macroeconomic determinants of growth in the South Pacific island economies [J].
Gani, A .
APPLIED ECONOMICS LETTERS, 1998, 5 (12) :747-749
[35]  
GREASLEY D, 1997, ECON LETT, P143
[36]   ENDOGENOUS INNOVATION IN THE THEORY OF GROWTH [J].
GROSSMAN, GM ;
HELPMAN, E .
JOURNAL OF ECONOMIC PERSPECTIVES, 1994, 8 (01) :23-44
[37]  
HART PE, 1995, OXFORD B ECON STAT, V57, P287
[38]  
JONES B, 2000, THESIS U HALL
[39]   R-AND-D-BASED MODELS OF ECONOMIC-GROWTH [J].
JONES, CI .
JOURNAL OF POLITICAL ECONOMY, 1995, 103 (04) :759-784
[40]  
KELLY M, 1992, J MONETARY ECON, P47