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Edwards, Sebastian - 1993

This paper analyzes the relationship between trade policy and economic performance. The paper is divided in two fundamental parts. The first one uses a cross country data set to investigate the relationship between trade policy and productivity growth. It is found that countries that are more...

Persistent link: https://www.econbiz.de/10012474434

Economic Growth and Real Exchange Rate : An Overview of the Balassa-Samuelson Hypothesis in Asia

Ito, Takatoshi - 1997

The paper tests the Balassa-Samuelson hypothesis (rapid economic growth is accompanied by real exchange rate appreciation because of differential productivity growth between tradable and nontradable sectors) using data of the APEC economies. Japan, Korea, Taiwan and, to a lesser extent, Hong...

Persistent link: https://www.econbiz.de/10012472842

Openness and Growth : What's the Empirical Relationship?

Baldwin, Robert E. - 2003

There is still disagreement among economists concerning how a country's international economic policies and its rate of economic growth interact, despite a number of multi-country case studies utilizing comparable analytical frameworks, numerous econometric studies using large cross-country data...

Persistent link: https://www.econbiz.de/10012469121

Equilibrium Technology Diffusion, Trade, and Growth

Perla, Jesse - 2015

We study how opening to trade affects economic growth in a model where heterogeneous firms can choose to adopt a new technology already in use by other firms. We characterize the growth rate using summary statistics of the profit distribution--the ratio of profits between the average and...

Persistent link: https://www.econbiz.de/10012457785

Incremental Trade and Endogenous Growth : A q-Theory Approach

Baldwin, Richard E. - 1998

Most trade-and-growth studies focus on the growth effects of autarky-to-free-trade changes, rather than those of incremental liberalizations. This paper characterizes how the strength and sign of openness-and-growth links depend upon the nature and level of trade barriers. For most types of...

Persistent link: https://www.econbiz.de/10012472328

Trade Liberalization and Endogenous Growth : A q-Theory Approach

Baldwin, Richard E. - 1996

This paper has two purposes. It introduces a direct approach to policy analysis in endogenous growth models - the q-theory approach - and uses this to illustrate several new openness-and-growth links that appear when we enrich the economic content of the early trade and growth models. The...

Persistent link: https://www.econbiz.de/10012473307

Testing for Trade-Induced Investment-Led Growth

Baldwin, Richard E. - 1996

Many studies have found a positive correlation between trade and growth, but do not attempt to identify the economic mechanisms involved. This paper attempts to identify one of the mechanisms linking trade and growth. In particular, we present a novel theoretical model that establishes a link...

Persistent link: https://www.econbiz.de/10012473448

Growth and Convergence in the Asia-Pacific Region : On the Role of Openness, Trade and Migration

Taylor, Alan M. - 1995

This paper examines the relationship between openness, trade, and migration in the Asia-Pacific region during the post … array of openness measures play a major role in the successful growth performance of the Asia-Pacific region, a key channel … rates. However, I find that within-sample prediction for the Asia-Pacific region is harder to achieve -- 'good luck' as well …

Persistent link: https://www.econbiz.de/10012473599

Open Door Policy and China's Rapid Growth : Evidence from City-level Data

Wei, Shang-Jin - 1993

There is clear evidence that during 1980-90 more exports are positively associated with higher growth rates across Chinese cities. In comparison, in the late 1980s, the contribution to growth comes mainly from foreign investment. The contribution of foreign investment comes in the form of...

Persistent link: https://www.econbiz.de/10012474338

Does Trade Reform Promote Economic Growth? A Review of Recent Evidence

Irwin, Douglas A. - 2019

Do trade reforms that significantly reduce import barriers lead to faster economic growth? In the two decades since Rodríguez and Rodrik's (2000) critical survey of empirical work on this question, new research has tried to overcome the various methodological problems that have plagued previous...

Persistent link: https://www.econbiz.de/10012479877