Ferrarini, Benno - Economics and Research Department, Asian Development Bank - 2010
This paper derives a Frankel-Romer instrument from a global trade matrix of 157 countries over the period 1990 …–2007, and deploys it to assess the relationship between international trade, domestic market potential, and income for the case … international trade to have caused income to rise on average across the world’s trading nations, but particularly so for countries …