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Equalizing Exchange: Trade Liberalization and Income Convergence

How does movement toward freer trade affect income disparity among countries? This paper attempts to shed some light on the issue by examining episodes of major postwar trade hberalization within specified groups of countries. The findings suggest a strong link between the timing of trade reform and...

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Bibliographic Details
Published in:The Quarterly journal of economics 1993-08, Vol.108 (3), p.653-679
Main Author: Ben-David, Dan
Format: Article
Language:English
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Summary:How does movement toward freer trade affect income disparity among countries? This paper attempts to shed some light on the issue by examining episodes of major postwar trade hberalization within specified groups of countries. The findings suggest a strong link between the timing of trade reform and income convergence among countries.
ISSN:0033-5533
1531-4650
DOI:10.2307/2118404