"This paper examines the impact of trade with Japan, North America, and the European Union on technology diffusion and … from trade with the European Union, Korea from trade with Japan, and Mexico from trade with North America. In other words …, the dynamic version of the "natural trading partners" hypothesis holds for these countries. "--World Bank web site …

is driven by changes in investment opportunities. Using data for the United States and Japan, the authors find evidence … Bank web site …