Is there convergence across countries? A spatial approach

Heather Berry, Mauro F. Guillén, Arun S. Hendi

Research output: Contribution to journalArticlepeer-review

35 Scopus citations

Abstract

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.

Original languageEnglish (US)
Pages (from-to)387-404
Number of pages18
JournalJournal of International Business Studies
Volume45
Issue number4
DOIs
StatePublished - May 2014

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Business, Management and Accounting(all)
  • Economics and Econometrics
  • Strategy and Management
  • Management of Technology and Innovation

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