Journal of International Economics, 40, 279-298, May 1996.



TRADE AND CONVERGENCE AMONG COUNTRIES

Dan Ben-David
Tel Aviv University,
NBER and CEPR

 

ABSTRACT

This paper examines the relationship between international trade and income convergence among countries by focusing on groups of countries comprising major trade partners. The majority of these trade-based groups exhibited significant convergence. Furthermore, a comparison of the trade-based groups with different country groupings (randomly selected, or according to other criteria) shows that the former were more likely to exhibit convergence than the latter.  

 

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