. 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 … both an engine of growth and a potential barrier to it. As a result, growth in an inverse U-shaped function of the …

trade in explaining British living standards or growth rates. We construct a three-region model of the world in which … contrast is robust to a large range of parameter perturbations. Biased technological change and population growth were key in …

Because of scale effects, idea-based growth models have the counterfactual implication that larger countries should be …

We reconsider the empirical links between volatility and growth between 1970 and 2007. There is a strong and … significant correlation between individual country growth rates and global factors that are arguably exogenous with respect to … overall amount of volatility in GDP growth. There is also a strong correlation between a country's average growth rate and the …

This paper studies how the effect of trade openness on economic growth depends on complementary reforms that help a … panel evidence on how the growth effect of openness depends on a variety of structural characteristics. For this purpose, we … use a non-linear growth regression specification that interacts a proxy of trade openness with proxies of educational …

Rodriguez and Rodrik (2000) argue that the relation between openness and growth is still an open question. One of the … paper applies the identification through heteroskedasticity methodology to estimate the effect of openness on growth while … properly controlling for the effect of growth on openness. The results suggest that openness would have a positive effect on …

perspective time-series behavior of the world economy is similar to that of existing endogenous growth models, with the world … growth rate determined by policies, savings and technologies. Because of diminishing returns to capital accumulation at the … country level, the cross-sectional behavior of the world economy is similar to that of existing exogenous growth models: cross …

Many empirical studies have found a positive relationship between openness and growth in per capita GDP in less …] show how increased openness to international trade can lead to increased specialization in models of endogenous growth … through learning by doing. These models imply that increased specialization accelerates productivity growth by more fully …