In this paper, we present a standard quality ladders endogenous growth model with one significant new assumption, that … do not export. We also find that trade iberalization promotes economic growth and that it has the opposite effect of … retarding economic growth in a closely comparable growth model with Melitz-type assumptions …

growth over the sample period 1960-2000. In contrast to previous studies focusing mainly on the period 1970-1990, this paper … reassesses the openness-growth nexus over a much longer sample period, enabling us to better account both trade policy stance and … long-run growth dynamics. We carry out our empirical investigation by employing various openness measures suggested in the …

For many low-income countries, the impact of structural reforms on economic growth and poverty alleviation crucially …

as the consumption-wealth ratio, the growth rate of wealth, and welfare, in a two-country world, based on a portfolio … sharing. The theoretical results for the growth rate depend on differences on productivities and consumption-wealth ratios …

The paper surveys the literature on the effects of finance on productivity growth. In both the theoretical and … growth. Focusing on the direct channels of growth, the author has found both positive and negative contribution of finance to … growth. Clearer positive effects emerge when considering growth channels related to productivity dynamics, with the estimated …

consumers, and what the growth potential of these goods is. While, all else equal, the North tends to lose more (or gain less …