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Trade policy and economic growth : a skeptic's guide to the cross-national evidence
Rodríguez Caballero, Francisco; Rodrik, Dani - In: NBER macroeconomics annual 15 (2000), pp. 261-325
Persistent link: https://www.econbiz.de/10001602568
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Trade Policy and Economic Growth : a Skeptic'S Guide to Cross-National Evidence
Rodriguez, Francisco; Rodrik, Dani - 2021
Do countries with lower policy-induced barriers to international trade grow faster, once other relevant country characteristics are controlled for? There exists a large empirical literature providing an affirmative answer to this question. We argue that methodological problems with the empirical...
Persistent link: https://www.econbiz.de/10013229058
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Taking Trade Policy Seriously : Export Subsidization as a Case Study in Policy Effectiveness
Rodrik, Dani - 2021
differ across countries and issue areas. Case studies of export subsidization in Korea, Brazil, Turkey, India, Kenya, and …
Persistent link: https://www.econbiz.de/10013222055
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Why is Trade Reform so Unpopular? on Status Quo Bias in Policy Reforms
Fernández, Raquel; Rodrik, Dani - 2021
Despite the well-known gains from trade, trade liberalization is politically one of the most contentious actions that a government can take. We propose and formalize a new argument, having to do with uncertainty, which is complementary to the usual explanations for why that is the case; many...
Persistent link: https://www.econbiz.de/10013224337
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What You Export Matters
Hausmann, Ricardo; Hwang, Jason; Rodrik, Dani - 2021
formally and adduce some empirical support for it. We construct an index of the "income level of a country's exports," document …
Persistent link: https://www.econbiz.de/10013219717
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Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, or Less? Using Gravity to Establish Causality
Frankel, Jeffrey A.; Cavallo, Eduardo A. - 2021
Openness to trade is one factor that has been identified as determining whether a country is prone to sudden stops in capital inflow, currency crashes, or severe recessions. Some believe that openness raises vulnerability to foreign shocks, while others believe that it makes adjustment to crises...
Persistent link: https://www.econbiz.de/10013311905
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Open Regionalism in a World of Continental Trade Blocs
Wei, Shang-Jin; Frankel, Jeffrey A. - 2021
Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to … reduction of trade barriers against non-member countries. That may not be politically feasible. On the other hand, in a world of …
Persistent link: https://www.econbiz.de/10013225933
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Rule of Law, Democracy, Openness, and Income : Estimating the Interrelationships
Rodrik, Dani; Rigobon, Roberto - 2021
We estimate the interrelationships among economic institutions, political institutions, openness, and income levels, using identification through heteroskedasticity (IH). We split our cross-national dataset into two sub-samples: (i) colonies versus non-colonies; and (ii) continents aligned on an...
Persistent link: https://www.econbiz.de/10013227787
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Trade Policy and Economic Performance in Sub-Saharan Africa
Rodrik, Dani - 2021
restrictions have been an important obstacle to exports in the past, and their reduction can be expected to result in significantly … case in which exports are not responsive to prices or to the traditional instruments of commercial policy. At the same time …
Persistent link: https://www.econbiz.de/10013224680
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Trade Strategy, Investment, and Exports : Another Look at East Asia
Rodrik, Dani - 2021
The export booms in South Korea and Taiwan starting in the early 1960s are anomalous when compared with later export … in investment. This paper offers an argument and a formal model to suggest that exports in East Asia may have been driven … exports and imports. Moreover, this could happen with a relatively small change in the relative price of exportables …
Persistent link: https://www.econbiz.de/10013217208