International consumption patterns among high‐income countries: Evidence from the OECD data
I Kónya, H Ohashi - Review of International Economics, 2007 - Wiley Online Library
I Kónya, H Ohashi
Review of International Economics, 2007•Wiley Online LibraryThis 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.
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.
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.
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