Showing 1 - 10 of 1,507
In this paper we intend to survey and suggest the theoretical framework of the important aspects of causality detection with the purpose of conveying to the reader the essential features and the different forms in which inferences may be drawn from given data. Section II presents the basic...
Persistent link: https://www.econbiz.de/10012478962
1964 to 1973. Our results also lead us to question whether Japanese exports were a particularly important source of …
Persistent link: https://www.econbiz.de/10012471526
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
This paper identifies a causal effect of openness to international trade on growth. It does so by using tariff barriers of the United States as instruments for the openness of developing countries. Trade liberalization by a large trading partner causes an expansion in the trade of other...
Persistent link: https://www.econbiz.de/10012465606
Starting with Romer [1987] and Rivera-Batiz-Romer [1991] economists have been able to model how trade enhances growth through the creation and import of new varieties. In this framework, international trade increases economic output through two channels. First, trade raises productivity levels...
Persistent link: https://www.econbiz.de/10012466154
wealth per capita in the colonies. Focusing on the rapid growth of the primary exports of the Lower South in the colonial … and 1800. Central to our interpretation is a revised understanding of the behavior of regional exports that indicates that … greater detail our estimation of regional exports, and documents the reasons why they could not have been a stimulus to …
Persistent link: https://www.econbiz.de/10012466624
There is still disagreement among economists concerning how a country's international economic policies and its rate of economic growth interact, despite a number of multi-country case studies utilizing comparable analytical frameworks, numerous econometric studies using large cross-country data...
Persistent link: https://www.econbiz.de/10012469121
. These countries follow a similar industrialization pattern, increasing the weight of high value-added exports. Although Hong …
Persistent link: https://www.econbiz.de/10012472842
For over a century social analysts have debated the connection between trade policy and economic performance. This controversy continues today, even as the world is experiencing an unprecedented period of trade liberalization, and in spite of numerous empirical studies that claim to have found a...
Persistent link: https://www.econbiz.de/10012472843
We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model. A country can raise its total factor productivity by investing in R&D. But countries can also boost their productivity by trading with other countries that have large stocks of...
Persistent link: https://www.econbiz.de/10012473217