Estimates of the half-life to convergence of prices across a panel of cities are subject to bias from three potential sources: inappropriate cross-sectional aggregation of heterogeneous coefficients, presence of lagged dependent variables in a model with individual fixed effects, and time...

Since the early 1990s, the Greater Tumen Initiative (GTI) has emerged as one of the major platforms for cross-border regional integration in Northeast Asia. Founded officially in 1995 with the support of UNDP, it was given a major boost in 2005 as China, South Korea, Russia, and Mongolia took...

Rapid growth in large emerging economies has been spread unequally across their regions leading to growing income disparities. This paper examines the distribution of regional output per capita and the evolution of its shape in Brazil, China, India, and Russia from the mid-1990s to the...