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Dynamics of Regional Integration : Contributions to Economics - Uwe Walz

Dynamics of Regional Integration

Contributions to Economics

By: Uwe Walz

Paperback Published: 18th February 1999
ISBN: 9783790811858
Number Of Pages: 210

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Deepening and enlarging regional integration blocs is high on the political agenda, as can be seen most notably in the last decade of the European in­ tegration process. The effects of this process have been studied extensively. But, until recently, these studies have been limited to the theoretical anal­ ysis of static effects of regional integration. The revival of growth theory has, however, in principle provided a set of models and tools which allow to investigate the dynamic effects of regional integration. At the same time, the "new regional economics" (or economic geography) literature allowing to focus on the special features of regional integration and integration blocs has emerged. The aim of this study is to merge endogenous growth approaches with "new regional economics" models in order to investigate various aspects of the long-run effects of regional integration in a dynamic general equilibrium framework. It is needless to say that such an analysis can cover only selected issues and leaves others aside. It is the purpose of the present study, how­ ever, to look at both types of regional integration: the dynamic effects of a deepening of the integration process as well as of an enlargement of the integration bloc. This is done on the basis of an investigation of empirical regularities of regional developments in an integration bloc (mainly in the European Union).

Introductionp. 1
Some Empirical Observationsp. 11
The Development of European Regionsp. 12
Technology, Geography, and Growthp. 34
Brief Overview of Related Literaturep. 43
Static Models of Regional Integrationp. 43
Growth and International Integrationp. 47
Growth and Economic Geographyp. 59
The Basic Elementsp. 59
A Two-Country Modelp. 61
Short-Run Equilibriump. 69
The Steady-Statep. 72
The Role of Physical Capital Accumulationp. 76
Appendixp. 80
Deeper Regional Integrationp. 87
Liberalization in a Two-Country Settingp. 89
Regional Integration as Partial Liberalizationp. 105
Regional Policies and Policy Harmonization in an Economic Unionp. 118
Enlarging the Integration Blocp. 137
Integrating a Lagging Countryp. 139
Integrating a Developed Countryp. 155
Leapfrogging through Integrationp. 176
General Summaryp. 185
List of Main Symbolsp. 191
Referencesp. 193
Indexp. 207
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9783790811858
ISBN-10: 3790811858
Series: Contributions to Economics
Audience: General
Format: Paperback
Language: English
Number Of Pages: 210
Published: 18th February 1999
Publisher: Springer-Verlag Berlin and Heidelberg Gmbh & Co. Kg
Country of Publication: DE
Dimensions (cm): 23.39 x 15.6  x 1.19
Weight (kg): 0.32

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