Trade and Convergence Among Countries

Dan Ben-David ()

No 1126, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper examines the relationship between trade and income convergence by focusing on groups of countries comprising major trade partners. The majority of these groups exhibited significant convergence. Furthermore, a comparison of the trade-based groups with different, randomly selected, country groupings shows that the former were more likely to exhibit convergence than the latter. Finally, there is evidence that the magnitude of growth in trade is related to the degree of the income convergence among countries.

Keywords: Economic Growth; Income Convergence; International Trade (search for similar items in EconPapers)
JEL-codes: F1 O1 O5 (search for similar items in EconPapers)
Date: 1995-02
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Citations: View citations in EconPapers (11)

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Related works:
Journal Article: Trade and convergence among countries (1996)
Working Paper: Trade and Convergence Among Countries (1995)
Working Paper: Trade and Convergence Among Countries (1995)
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