Aghion, Philippe; Fedderke, Johannes W.; Howitt, Peter; … - 2008
, reflecting a knowledge spillover effect whereby trade induces knowledge flows
across countries, such that more advanced countries … stand to gain proportionately less from such knowledge
spill-overs.
2
But there is an additional effect of trade on growth … knowledge spillover effecthasbeenanalyzedatlengthbyKeller(2004)-andseealsoSachsandWarner(1995)and
Coe and Helpman (1995).
1
by …