Aizenman, Joshua; Brooks, Eileen - Economics Department, University of California-Santa … - 2005
data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 … and 2000. Convergence occurs even more quickly within groups of countries that have a higher degree of integration. A key … is converging, several Latin American countries fail to converge. The patterns of convergence are consistent with …
