International Consumption Patterns among High-Income Countries: Evidence from the OECD Data

14 Pages Posted: 27 Aug 2007

See all articles by István T Kónya

István T Kónya

Institute of Economics (CERS-HAS); Central European University

Hiroshi Ohashi

University of Tokyo - Faculty of Economics

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.

Suggested Citation

Kónya, István T and Ohashi, Hiroshi, International Consumption Patterns among High-Income Countries: Evidence from the OECD Data. Review of International Economics, Vol. 15, No. 4, pp. 744-757, September 2007, Available at SSRN: https://ssrn.com/abstract=1009898 or http://dx.doi.org/10.1111/j.1467-9396.2007.00676.x

István T Kónya (Contact Author)

Institute of Economics (CERS-HAS) ( email )

Budaörsi út 45
Budapest, 1112
Hungary

Central European University ( email )

Nador u. 11.
Budapest H-1051
Hungary

Hiroshi Ohashi

University of Tokyo - Faculty of Economics ( email )

7-3-1 Hongo, Bunkyo-ku
Tokyo 113-0033
Japan

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