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Equalizing Exchange: Trade Liberalization and Income Convergence

Dan Ben-David ()

The Quarterly Journal of Economics, 1993, vol. 108, issue 3, 653-679

Abstract: How does movement toward freer trade affect income disparity among countries? This paper attempts to shed some light on the issue by examining episodes of major postwar trade hberalization within specified groups of countries. The findings suggest a strong link between the timing of trade reform and income convergence among countries.

Date: 1993
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