This paper makes two contributions to the literature on the impact of trade on income. First, we use heterogeneous … trade on income for 81 developed and developing countries, both for the sample as a whole and for each individual country …. Second, we use a general-to-specific variable selection approach to identify important determinants of the effect of trade on …

trade and FDI are found to have significant impact on the upsurge of labour productivity growth in BRICS, where the …

This paper examines whether European integration, manifesting itself in increased trade and FDI linkages, new … model endogenous relationships and unveil direct and indirect effects. Trade and FDI prove to have a strong impact on …

of trade and financial openness. Using a large crosssection of 91 countries covering the period 1985-2004, we establish … two main empirical regularities. Both higher trade and financial openness i) reduce central bank?s inflation bias …