Trade and the rate of income convergence

Dan Ben-David; Ayal Kimhi

doi:10.1080/0963819042000300591

Trade and the rate of income convergence

Dan Ben-David^*
, Ayal Kimhi

^*Corresponding author for this work

Department of Environmental Economics and Management

Research output: Contribution to journal › Article › peer-review

23 Scopus citations

Abstract

To the extent that trade policy affects trade flows between countries, the ramifications can be far-reaching from an economic growth perspective. This paper examines one aspect of these ramifications, namely the impact of changes in the extent of trade between countries on changes in the rate of reduction in the size of the income gap that exists between them. Export and import data are used as the criteria for determining bilateral trade between major trade partners, resulting in the creation of 127 pairs of countries on the basis of export data and 134 pairs on the basis of import data. An increase in trade between major trade partners - and, in particular, increased exports by poorer countries to their wealthier partners - is shown to be related to an increase in the rate of convergence between the countries.

Original language	English
Pages (from-to)	419-441
Number of pages	23
Journal	Journal of International Trade and Economic Development
Volume	13
Issue number	4
DOIs	https://doi.org/10.1080/0963819042000300591
State	Published - Dec 2004

Bibliographical note

Funding Information:
We thank Maurice Schiff and L. Alan Winters for their very useful comments and suggestions. Ben-David’s research was supported by the International Economics Division of the World Bank and by grants from the Sapir Center and the Armand Hammer Fund.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy
SDG 8 Decent Work and Economic Growth
SDG 10 Reduced Inequalities
SDG 17 Partnerships for the Goals

Keywords

Convergence
Trade

Access to Document

10.1080/0963819042000300591

Cite this

@article{156f4f67ee2646469e1a4e306aaea7cf,

title = "Trade and the rate of income convergence",

abstract = "To the extent that trade policy affects trade flows between countries, the ramifications can be far-reaching from an economic growth perspective. This paper examines one aspect of these ramifications, namely the impact of changes in the extent of trade between countries on changes in the rate of reduction in the size of the income gap that exists between them. Export and import data are used as the criteria for determining bilateral trade between major trade partners, resulting in the creation of 127 pairs of countries on the basis of export data and 134 pairs on the basis of import data. An increase in trade between major trade partners - and, in particular, increased exports by poorer countries to their wealthier partners - is shown to be related to an increase in the rate of convergence between the countries.",

keywords = "Convergence, Trade",

author = "Dan Ben-David and Ayal Kimhi",

note = "Funding Information: We thank Maurice Schiff and L. Alan Winters for their very useful comments and suggestions. Ben-David{\textquoteright}s research was supported by the International Economics Division of the World Bank and by grants from the Sapir Center and the Armand Hammer Fund.",

year = "2004",

month = dec,

doi = "10.1080/0963819042000300591",

language = "אנגלית",

volume = "13",

pages = "419--441",

journal = "Journal of International Trade and Economic Development",

issn = "0963-8199",

publisher = "Routledge",

number = "4",

}

TY - JOUR

T1 - Trade and the rate of income convergence

AU - Ben-David, Dan

AU - Kimhi, Ayal

N1 - Funding Information: We thank Maurice Schiff and L. Alan Winters for their very useful comments and suggestions. Ben-David’s research was supported by the International Economics Division of the World Bank and by grants from the Sapir Center and the Armand Hammer Fund.

PY - 2004/12

Y1 - 2004/12

N2 - To the extent that trade policy affects trade flows between countries, the ramifications can be far-reaching from an economic growth perspective. This paper examines one aspect of these ramifications, namely the impact of changes in the extent of trade between countries on changes in the rate of reduction in the size of the income gap that exists between them. Export and import data are used as the criteria for determining bilateral trade between major trade partners, resulting in the creation of 127 pairs of countries on the basis of export data and 134 pairs on the basis of import data. An increase in trade between major trade partners - and, in particular, increased exports by poorer countries to their wealthier partners - is shown to be related to an increase in the rate of convergence between the countries.

AB - To the extent that trade policy affects trade flows between countries, the ramifications can be far-reaching from an economic growth perspective. This paper examines one aspect of these ramifications, namely the impact of changes in the extent of trade between countries on changes in the rate of reduction in the size of the income gap that exists between them. Export and import data are used as the criteria for determining bilateral trade between major trade partners, resulting in the creation of 127 pairs of countries on the basis of export data and 134 pairs on the basis of import data. An increase in trade between major trade partners - and, in particular, increased exports by poorer countries to their wealthier partners - is shown to be related to an increase in the rate of convergence between the countries.

KW - Convergence

KW - Trade

UR - https://www.scopus.com/pages/publications/11944261282

U2 - 10.1080/0963819042000300591

DO - 10.1080/0963819042000300591

M3 - ???researchoutput.researchoutputtypes.contributiontojournal.article???

AN - SCOPUS:11944261282

SN - 0963-8199

VL - 13

SP - 419

EP - 441

JO - Journal of International Trade and Economic Development

JF - Journal of International Trade and Economic Development

IS - 4

ER -

Trade and the rate of income convergence

Abstract

Bibliographical note

UN SDGs

Keywords

Access to Document

Other files and links

Fingerprint

Cite this