Recent Trends in Western European Income Convergence

Recent Trends in Western European Income Convergence

In the postwar era, economic interaction and integration among Western European countries has grown rapidly. We examine whether those close and growing linkages have led to inter-country income convergence in Western Europe during 1960-2000. We find clear empirical evidence of convergence. This provides strong support for the notion that Western Europe constitutes a convergence club.

Ⅰ. Introduction

Ⅱ. Data and Methodology

Ⅲ. Results

Ⅳ. Conclusion

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