DOES BILATERAL TRADE LEAD TO INCOME CONVERGENCE? PANEL EVIDENCE

Changkyu Choi

Journal of Economic Development, 2009, vol. 34, issue 1, 71-79

Abstract: Through panel-data regressions, we found that both per capita income level and growth turn out to converge when the trade intensity ratio increases between the countries. Geographical proximity and language similarities also turn out to be associated with convergence in both income level and growth.

Keywords: Trade; Convergence; Distance; Language (search for similar items in EconPapers)
JEL-codes: C23 F43 O40 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:jed:journl:v:34:y:2009:i:1:p:71-79

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