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Trade and Convergence Among Countries

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  • Ben-David, Dan
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 ex hibited significant convergence. Furthermore, a comparison of the tradebased 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.

Suggested Citation

  • Ben-David, Dan, 1995. "Trade and Convergence Among Countries," Foerder Institute for Economic Research Working Papers 275609, Tel-Aviv University > Foerder Institute for Economic Research.
  • Handle: RePEc:ags:isfiwp:275609
    DOI: 10.22004/ag.econ.275609
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    References listed on IDEAS

    as
    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Robert J. Barro & Xavier Sala-i-Martin, 1991. "Convergence across States and Regions," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(1), pages 107-182.
    3. Quah, D., 1990. "Galton'S Fallacy And The Tests Of The Convergence Hypothesis," Working papers 552, Massachusetts Institute of Technology (MIT), Department of Economics.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Financial Economics; International Relations/Trade;

    JEL classification:

    • F1 - International Economics - - Trade
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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