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International Integration and Growth: A Survey and Empirical Investigation

Author

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  • Jon D. Haveman
  • Vivian Lei
  • Janet S. Netz

Abstract

The authors attempt a comprehensive assessment of different forms of international integration on growth. In particular, the paper considers the impact of trade flows, of inward foreign direct investment, of preferential treatment of less‐developed countries, and of membership in trade blocs. Results confirm that general openness and foreign direct investment into a country do lead to increased growth; that membership in a trade bloc facilitates growth; and that the variation in income in the trade bloc also encourages more rapid growth among member countries.

Suggested Citation

  • Jon D. Haveman & Vivian Lei & Janet S. Netz, 2001. "International Integration and Growth: A Survey and Empirical Investigation," Review of Development Economics, Wiley Blackwell, vol. 5(2), pages 289-311, June.
    • Handle: RePEc:bla:rdevec:v:5:y:2001:i:2:p:289-311
    DOI: 10.1111/1467-9361.00124
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    Cited by:

    1. M Ayhan Kose & Eswar Prasad & Kenneth Rogoff & Shang-Jin Wei, 2009. "Financial Globalization: A Reappraisal," IMF Staff Papers, Palgrave Macmillan, vol. 56(1), pages 8-62, April.
    2. Aneta Kosztowniak, 2014. "Analysis Of The Cobb-Douglas Production Function As A Tool To Investigate The Impact Of Fdi Net Inflows On Gross Domestic Product Value In Poland In The Period 1994–2012," Oeconomia Copernicana, Institute of Economic Research, vol. 5(4), pages 169-190, December.
    3. Brodzicki Tomasz, 2003. "In search for accumulative effects of European economic integration," International Trade 0310006, University Library of Munich, Germany.
    4. Claire Economidou & Vivian Lei & Janet Netz, 2006. "International Integration and Growth: A Further Investigation on Developing Countries," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 12(4), pages 435-448, November.
    5. Maria Abreu & Henri L. F. de Groot & Raymond J. G. M. Florax, 2005. "A Meta‐Analysis of β‐Convergence: the Legendary 2%," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 389-420, July.
    6. Anthony Makin & Wei Zhang & Grant Scobie, 2009. "The contribution of foreign borrowing to the New Zealand economy," New Zealand Economic Papers, Taylor & Francis Journals, vol. 43(3), pages 263-278.
    7. Shankaran Nambiar & Arunnan Balasubramaniam, 2016. "Does ASEAN–India Trade Stimulate Income? A Cointegration Analysis Using the ARDL Approach," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 17(2), pages 295-314, September.
    8. M Ayhan Kose & Eswar Prasad & Kenneth Rogoff & Shang-Jin Wei, 2009. "Financial Globalization: A Reappraisal," IMF Staff Papers, Palgrave Macmillan, vol. 56(1), pages 8-62, April.
    9. Tomasz Brodzicki, 2005. "New empirical insights into the growth effects of economic integration within EU," International Trade 0505014, University Library of Munich, Germany.
    10. William R. Cline, 2010. "Financial Globalization, Economic Growth, and the Crisis of 2007-09," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 499, January.
    11. Maria Abreu & Henri L.F. de Groot & Raymond J.G.M. Florax, 2005. "A Meta-Analysis of Beta-Convergence: The Legendary Two-Percent," Tinbergen Institute Discussion Papers 05-001/3, Tinbergen Institute.
    12. repec:kap:iaecre:v:12:y:2006:i:4:p:435-448 is not listed on IDEAS
    13. Mehmed Ganić & Mahir Hrnjić, 2021. "How Does International Financial Integration Really Affect Post-Transition Countries' Growth? Empirical evidence from the CEE-10 countries," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 10(3), pages 117-136.
    14. Nicholas Vasilakos & Nikolay Zubanov, 2009. "Income Convergence and R&D Intensity in OECD Manufacturing Industries: A Panel Study," Discussion Papers 09-09, Department of Economics, University of Birmingham.
    15. Jesus Felipe & Franklin M. Fisher, 2006. "Aggregate production functions, neoclassical growth models and the aggregation problem/Funciones agregadas de producción, modelos neoclasicos de crecimiento y el problema de la agregación," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 24, pages 127-163, Abril.

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