According to the Washington Consensus, developing countries' growth would benefit from reductions in barriers to trade …. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not … intermediate goods, did lead to faster growth in a manner consistent with theory. …

According to the Washington Consensus, developing countries’ growth would benefit from reductions in barriers to trade …. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not … intermediate goods, did lead to faster growth in a manner consistent with theory. …

overemphasized. Many studies have shown a strong positive impact of trade on economic growth across developed and the emerging market …. However, very little is known about the simultaneous effect of trade and investment on growth in SSA when institutional … control variables are introduced in the model. Therefore, this study examines the role of trade and investment in the growth …

overemphasized. Many studies have shown a strong positive impact of trade on economic growth across developed and the emerging market …. However, very little is known about the simultaneous effect of trade and investment on growth in SSA when institutional … control variables are introduced in the model. Therefore, this study examines the role of trade and investment in the growth …

asymmetrically. The gains from trade were channeled towards population growth in non-industrial nations while in the industrial … nations they were directed towards investment in education and growth in output per capita. International trade enhanced the … that even if trade equalizes output growth of the trading countries, (due to the terms of trade effect), income per capita …

towards investment in education and growth in output per capita, a significant portion of the gains from trade in non …This research argues that the rapid expansion of international trade in the second phase of the industrial revolution … countries in the last two centuries. The analysis suggests that international trade had an asymmetrical effect on the evolution …

gains from trade have been directed towards investment in education and growth in income per capita, whereas a significant …This research argues that the differential effect of international trade on the demand for human capital across … portion of these gains in less developed economies have been channeled towards population growth. Cross-country regressions …

into persistent differences in economic development. Specifically, it establishes that pre-modern economic specialization … pre-modern economic specialization are associated with greater skill-biased occupational heterogeneity, economic …

that higher levels of intra-ethnic diversity were conducive to economic specialization in the pre-modern era. The findings …