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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
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    File URL: http://ageconsearch.umn.edu/record/275609/files/TEL-AVIV-FSWP-246.pdf
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    References listed on IDEAS

    as
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    3. Quah, Danny, 1993. " Galton's Fallacy and Tests of the Convergence Hypothesis," Scandinavian Journal of Economics, Wiley Blackwell, vol. 95(4), pages 427-443, December.
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    8. Jovanovic, Boyan & Lach, Saul, 1990. "The Diffusion Of Technology And Inequality Among Nations," Working Papers 90-34, C.V. Starr Center for Applied Economics, New York University.
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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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