Citation

Discussion Paper Details

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Title: Trade and Convergence Among Countries

Author(s): Dan Ben-David

Publication Date: February 1995

Keyword(s): Economic Growth, Income Convergence and International Trade

Programme Area(s): International Macroeconomics and International Trade and Regional Economics

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.

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Bibliographic Reference

Ben-David, D. 1995. 'Trade and Convergence Among Countries'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1126