Factor mobility and the distribution of economic activity in integrated economies : evidence and inplications /

This study examines empirically factor mobility and distribution of economic activity under economic integration, with the result that the benchmark of the equal-share relationship holds strongly for US states and less so for EU countries, but does not hold for Developing Countries or the World. Rec...

Πλήρης περιγραφή

Κύριος συγγραφέας: Bowen, Harry P.
Corporate συγγραφέας: European Commission : Directorate-General for Economic and Financial Affairs.
Άλλοι συγγραφείς: Munundar, Haris., Viaene, Jean-Marie.
Μορφή: Βιβλίο
Γλώσσα: English
Στοιχεία έκδοσης: Brussels- Belgium: European Comission: Directorate-General for Economic and Financial Affairs, 2008.
Σειρά: European Economy. Economic papers ; 315.
Διαθέσιμο Online: http://ec.europa.eu/economy_finance/publications/publication_summary12351_en.htm
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245 1 0 |a Factor mobility and the distribution of economic activity in integrated economies :  |b evidence and inplications /  |c Harry P. Bowen, Haris Munundar and Jean-Marie Viaene. 
260 0 |a Brussels- Belgium:  |b European Comission: Directorate-General for Economic and Financial Affairs,  |c 2008. 
300 |a 18 σ. :  |b διαγ. πιν. ;  |c 30 εκ. 
490 1 |a European Economy. Economic papers ; 
520 0 |a This study examines empirically factor mobility and distribution of economic activity under economic integration, with the result that the benchmark of the equal-share relationship holds strongly for US states and less so for EU countries, but does not hold for Developing Countries or the World. Recent research (Bowen, Munandar and Viaene, 2005) shows that for a country who is a member of a fully integrated economy, its shares of the integrated economy's total output and stocks of productive factors (i.e., physical and human capital) will be equal. They label this result the equal-share relationship. In this paper, we empirically examine for evidence of the equal-share relationship for alternative economic groups (i.e., US states, EU countries, Developing Countries and a World comprising 55 countries). Our findings indicate that the equal-share relationship holds strongly for US states, less so for EU countries, but does not hold for Developing Countries or the World. 
580 |a Economic Papers 
700 1 |a Munundar, Haris. 
700 1 |a Viaene, Jean-Marie. 
710 2 |a European Commission : Directorate-General for Economic and Financial Affairs. 
773 0 8 |a Economic Papers  |g March 2008, No 315. 
830 |a European Economy. Economic papers ;  |v 315. 
852 |a INST  |b UNIPILB  |c KET  |e 20090303  |p EEEP 315  |q EEEP 315  |t NOLOAN  |y 23  |4 1 
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