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International Consumption Patterns among High‐income Countries: Evidence from the OECD Data

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  • István Kónya
  • Hiroshi Ohashi

Abstract

This paper examines the effect of economic integration on the product‐level consumption patterns across the OECD in the past decade. Estimation results find evidence of strong convergence in cross‐country consumption patterns with substantial heterogeneity across products and countries. The results are robust to either the benchmark choice, data selection, or the choice of model specification. In addition to documenting convergence, the paper relates the volume of international trade to cross‐country consumption patterns.

Suggested Citation

  • István Kónya & Hiroshi Ohashi, 2007. "International Consumption Patterns among High‐income Countries: Evidence from the OECD Data," Review of International Economics, Wiley Blackwell, vol. 15(4), pages 744-757, September.
  • Handle: RePEc:bla:reviec:v:15:y:2007:i:4:p:744-757
    DOI: 10.1111/j.1467-9396.2007.00676.x
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    References listed on IDEAS

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    1. A. Gracia & L.M. Albisu, 2001. "Food consumption in the European Union: Main determinants and country differences," Agribusiness, John Wiley & Sons, Ltd., vol. 17(4), pages 469-488.
    2. Istvan Konya & Hiroshi Ohashi, 2004. "Globalization and Consumption Patterns among the OECD Countries," Boston College Working Papers in Economics 596, Boston College Department of Economics.
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    Cited by:

    1. Joshua Aizenman & Eileen Brooks, 2008. "Globalization and Taste Convergence: the Cases of Wine and Beer," Review of International Economics, Wiley Blackwell, vol. 16(2), pages 217-233, May.
    2. Nektarios A. Michail, 2020. "Convergence of consumption patterns in the European Union," Empirical Economics, Springer, vol. 58(3), pages 979-994, March.
    3. Jose de Sousa & Eve Sihra & Thierry Mayer, 2019. "Market Integration and Convergence in Consumption Patterns," 2019 Meeting Papers 1178, Society for Economic Dynamics.
    4. Gasim, Anwar A., 2015. "The embodied energy in trade: What role does specialization play?," Energy Policy, Elsevier, vol. 86(C), pages 186-197.
    5. Pui Sun Tam, 2018. "Economic Transition and Growth Dynamics in Asia: Harmony or Discord?," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 60(3), pages 361-387, September.
    6. Cuffaro , Miranda & Cracolici, Maria Francesca & Nijkamp, Peter, 2006. "Economic convergence vs. socio-economic convergence in space," Serie Research Memoranda 0020, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.

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