Date of this Version
Journal of International Business Sciences
We analyze convergence across countries over the last half century as a result of globalizing forces. Drawing on theories of modernization, dependency, the world-system, political trade blocs, and the world-society, we consider economic, demographic, knowledge, financial, and political dimensions of convergence. Using a new methodology, we calculate the minimum volume ellipsoid encompassing different groupings of countries, finding that during the 1960–2009 period, countries have not evolved significantly closer or similar to one another, although groups of countries based on their core-periphery status or membership in trade blocs exhibit increasing internal convergence and divergence between one another.
This is a pre-publication version. The final publication is available at Springer via http://dx.doi.org/10.1057/jibs.2013.72
convergence, divergence, semiglobalization, regional integration, trade blocks, minimum volume ellipsoid (MVE)
Berry, H., Guillén, M. F., & Hendi, A. S. (2014). Is There Convergence Across Countries? A Spatial Approach. Journal of International Business Sciences, 45 (4), 387-404. http://dx.doi.org/10.1057/jibs.2013.72
Business Intelligence Commons, Demography, Population, and Ecology Commons, International Business Commons, Management Sciences and Quantitative Methods Commons, Work, Economy and Organizations Commons
Date Posted: 25 October 2018
This document has been peer reviewed.