Similar Search Results

Baldwin, Richard E.; Seghezza, Elena - 2000

This paper presents five theoretical openness-and-growth links that can account for trade-induced investment-led growth …, cross-country data suggests that openness influences growth only via its effect on investment, and suggests that openness … promotes investment in all countries whatever the capital-intensive of their exports (contrary to predictions of the old …

Persistent link: https://www.econbiz.de/10014158621

Testing for Trade-Induced Investment-Led Growth

Baldwin, Richard E.; Seghezza, Elena - 2021

novel theoretical model that establishes a link between trade liberalization and investment-led growth. Estimating equations … domestic protection depresses investment and thereby slows growth. Foreign trade barriers also lower domestic investment, but … the anti-investment effect is weaker and is less robust to sample and specification changes …

Persistent link: https://www.econbiz.de/10013232436

Trade and Growth : An Empirical Investigation

Frankel, Jeffrey A.; Romer, David - 2021

Countries' geographic characteristics have important effects on their trade, and are plausibly uncorrelated with other determinants of their incomes. This paper therefore constructs measures of the geographic component of countries' trade and uses those measures to obtain instrumental variables...

Persistent link: https://www.econbiz.de/10013222966

Openness and Growth : A Time-Series, Cross-Country Analysis for Developing Countries

Harrison, Ann E. - 2021

This paper draws together a variety of openness measures to test the association between openness and growth. Although the correlation across different types of openness is not always strong, there is generally a positive association between growth and different measures of openness. The...

Persistent link: https://www.econbiz.de/10013234356

Trade Orientation, Distortions and Growth in Developing Countries

Edwards, Sebastian - 2010

In this paper I use a cross country data set to analyze the relationship between trade orientation, trade distortions and growth. I first develop a simple endogenous growth model that emphasizes the process of technological absorption in small developing countries. According to this model...

Persistent link: https://www.econbiz.de/10013138665

Trade and Exchange Rate Policies in Growth-Oriented Adjustment Programs

Sachs, Jeffrey - 2021

The search for "growth-oriented adjustment programs" reflects a widespread malaise concerning IMF stabilization programs in countries suffering from external debt crises. A new orthodoxy is emerging from this search, which links recovery in the debtor countries to a shift to "outward-oriented"...

Persistent link: https://www.econbiz.de/10013217625

The Global Spatial Distribution of Economic Activity : Nature, History, and the Role of Trade

Henderson, J. Vernon - 2016

We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average area 560 square kilometers. We first document that nearly half of the variation can be explained by a parsimonious set of physical geography attributes. A full set of country...

Persistent link: https://www.econbiz.de/10012994896

Openness, Outward Orientation, Trade Liberalization and Economic Performance in Developing Countries

Edwards, Sebastian - 2021

This paper deals with the role of trade regimes in determining economic performance and growth in the developing countries. The policy and empirical literatures on trade orientation and economic growth are critically reviewed; it is argued that a key limitation of these works has been the...

Persistent link: https://www.econbiz.de/10013311644

The Time-Series Properties of Aggregate Consumption : Implications for the Costs of Fluctuation

Reis, Ricardo - 2021

uncertainty, through its impact on precautionary savings and investment. The two approaches lead to costs of fluctuations that are …

Persistent link: https://www.econbiz.de/10013227912

Autoregressive Spectrum Estimation Technique Allied to Quarterly Consumer Durables Expenditure Data

Lavey, Warren G. - 2021

Classical spectral techniques can provide sharp insights into the cyclical patterns in a time series of economic data. Various problems in the application of classical spectral techniques, such as the choices of smoothing routine and bandwidth and the appearance of end-effects, inhibit the...

Persistent link: https://www.econbiz.de/10013235633