The export booms in South Korea and Taiwan starting in the early 1960s are anomalous when compared with later export …

Even though Australia has experienced frequent and large commodity export price shocks like the Third World, it seems …

trade with the rest of the world, not the American colonies, that allowed Britain to export its rapidly expanding textile … have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … provided. We test both hypotheses using calibrated general equilibrium models of the British economy and the rest of the world …

trade in explaining British living standards or growth rates. We construct a three-region model of the world in which … Britain trades with North America and the rest of the world, and calibrate the model to data from the 1760s and 1850s. We find …

. The preceding results hold when Northern innovation is endogenously determined; in addition, the rate of innovation …

We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

very significant impact on innovation. As a consequence, a positive shock to R&D in the US (the largest world innovator … knowledge on technological innovation of a country in the short and in the long run. We find that a country's stock of knowledge …) has a significant positive effect on the innovation of all other countries. Such a shock produces its largest effect on …