This paper has two purposes. It introduces a direct approach to policy analysis in endogenous growth models - the q-theory …

A theoretical model is developed and applied to the North American auto industry, motivated by the possibility of US-Mexico …. Using an applied GE model, we find that (A) the gains to Mexico are significant and the effects on the US and Canada are … North American multinationals determine markups, increased imports from Mexico do not result in a rationalization of US and …

simple model is used to show that import competition may stimulate growth by reducing the market power of domestic innovators …. Specifically, import competition forces domestic innovators to chose between either quickening their pace of innovation or being … displaced by foreign innovators. The pro-growth effect of import competition is shown to be welfare-increasing. The paper …

Do trade reforms that significantly reduce import barriers lead to faster economic growth? In the two decades since …

econometric studies using large cross-country data sets, and important theoretical advances in growth theory. This paper briefly …