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International Consumption Patterns among High‐income Countries: Evidence from the OECD Data *

International Consumption Patterns among High‐income Countries: Evidence from the OECD Data * 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. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of International Economics Wiley

International Consumption Patterns among High‐income Countries: Evidence from the OECD Data *

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References (18)

Publisher
Wiley
Copyright
Copyright © 2007 Wiley Subscription Services, Inc., A Wiley Company
ISSN
0965-7576
eISSN
1467-9396
DOI
10.1111/j.1467-9396.2007.00676.x
Publisher site
See Article on Publisher Site

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.

Journal

Review of International EconomicsWiley

Published: Sep 1, 2007

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