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The Penn World Table 7.0 is a comprehensive database covering measures of GDP and its components for almost all …
Persistent link: https://www.econbiz.de/10013031941
things: (1) that incomes per capita diverged more around the world after 1800 than before; (2) that the source of this …
Persistent link: https://www.econbiz.de/10013221862
In this paper I analyze whether international trade contributes to per capita income convergence across countries. The analysis focuses on four important post-1945 multilateral trade liberalizations. To identify trade's effect on income dispersion, in each case I use a difference-in-differences'...
Persistent link: https://www.econbiz.de/10013225397
convergence among these countries with that reached by other 17 potential convergence clubs around the world (including the EU-27 …
Persistent link: https://www.econbiz.de/10013118393
particularly the incorporation of China and India into the world market economy. For 29 countries since 1919, the levels and trends …
Persistent link: https://www.econbiz.de/10013101830
There is world-wide convergence in life expectancy, despite little convergence in GDP per capita. If one values longer … life much more than material happiness, the world living standards may this have already converged substantially. This … among countries. A conventional GDP-based measure remains a good approximation for (non) convergence in world living …
Persistent link: https://www.econbiz.de/10014409039
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reason might be perspective. Most convergence papers frame the analysis in a `Solow world' in which countries exist … independent of one another. But most international trade economists have a very different perspective of a world in which … convergence. Finally, I give two examples applying some of these ideas to real-world data. The basic point of the paper is that …
Persistent link: https://www.econbiz.de/10013247408
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