Equalising effects of regional cooperation on development levels

Szabó, Barna

Keywords: regional economic integration, effects, regression calculation, indices of the magic triangle

On the basis of corrected-aggregated coefficients from regression calculations and the precision of collected data it can be stated that differences between national economies are equalised by regionalisation and the closer the regional cooperation the greater the equalisation.
According to our calculations members of NAFTA between 1984 and 2000 were unaware of the generally accepted view that indices of the magic triangle (GDP, rate of inflation and rate of unemployment) cannot be improved all at the same time.

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