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This paper surveys the development of the theory of endogenous growth, with special emphasis on models that deal with …
Persistent link: https://www.econbiz.de/10009755223
The paper develops a model of proportionate growth to describe the dynamics of the network of international trade flows. We show that a large number of the empirical regularities characterizing international trade - such as the fraction of zero trade flows across pairs of countries, the positive...
Persistent link: https://www.econbiz.de/10013143961
This paper examines the cross-country income and welfare consequences of trade-induced human capital (dis-)accumulation. The model is based on heterogeneous workers who make educational decisions in the presence of complete markets. When such heterogeneous workers invest in schooling, high type...
Persistent link: https://www.econbiz.de/10011300874
We study the world trading equilibrium in a Ricardian model where factors of production are themselves produced and tradable rather than endowed and non-tradable, corresponding to the three-quarters of international trade that is in intermediate and capital goods. We show that trade affects...
Persistent link: https://www.econbiz.de/10013086170
Do trade reforms that significantly reduce import barriers lead to faster economic growth? In the two decades since the critical survey of empirical work on this question by Francesco Rodriguez and Dani Rodrik in 2000, new research has tried to overcome the various methodological problems that...
Persistent link: https://www.econbiz.de/10012867590
We develop a Ricardian model to explore the role of trade in spreading the benefits of" innovation. The theory delivers …
Persistent link: https://www.econbiz.de/10013249147
Do trade reforms that significantly reduce import barriers lead to faster economic growth? In the two decades since Rodríguez and Rodrik’s (2000) critical survey of empirical work on this question, new research has tried to overcome the various methodological problems that have plagued...
Persistent link: https://www.econbiz.de/10013322346
Do trade reforms that significantly reduce import barriers lead to faster economic growth? In the two decades since Rodríguez and Rodrik's (2000) critical survey of empirical work on this question, new research has tried to overcome the various methodological problems that have plagued previous...
Persistent link: https://www.econbiz.de/10012479877
Persistent link: https://www.econbiz.de/10012036307
Persistent link: https://www.econbiz.de/10012037407