This paper revisits the relationship between international trade and economic growth. We measure trade openness indices … in explaining growth gains from trade. Using sectoral level data from WORLD KLEMS Database on industrial productivity and … growth. Openness in terms of final consumer goods turns out to be insignificant in most specifications. We also estimate …

monetary model are not fully robust to data frequency and alternative estimation periods, either. Nevertheless, adding openness …

introduce a new framework, which combines trade and growth theory into a tractable tool for quantitative research. Our …

We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … off-shoring") is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way … productivity growth is there with our direct measures based on input-output data but disappears when either a broad measure or the …

Growth theory predicts that natural disasters should, on impact, lower GDP per capita. However, the empirical … effect of disasters on growth. The worst 5% disaster years come with a growth damage of at least 0.45 percentage points. That … affected by geophysical disasters; rich more by meteorological events. International openness and democratic institutions …

countries from 1983 to 2006, we analyze the role of economic and financial openness as well as tax competition while allowing … for dynamic adjustment to shocks and period-specific as well as country-specific effects. While openness does not seem to …