We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …

-contained chapters. All chapters discuss different implications of the growing importance of trade in intermediate inputs. The first … chapter compares the impact of international trade in intermediate inputs (offshoring) on wage inequality in two distinct but … intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I …

analyzes a model of North-South trade and endogenous growth through innovation and imitation that can predict the observed … both the innovation in the North and the imitational lag of the South. Opening to trade increases the growth rate and …Recent evidence on world trade patterns reveals North-South specialization across products of the same industries and …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … knowledge spillovers implies that the decentralized equilibrium features an allocation of labor to R&D activity that is strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

contracts, mitigating information frictions in international trade. There is little evidence for the relaxation of financial … constraints or the promotion of follow-on innovation. …

There is considerable debate regarding the use of intellectual property rights (IPR) to spur innovation in the software … the existence or absence of spillovers, confirms that a co-existence is growth optimal for the industry. Further, we find …

This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach … than previous results. They confirm the existence of a strong causal effect of trade on growth but fail to find evidence … for trade as an independent factor of divergence. Hence, one cannot blame trade as such for the disappointing performance …

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

from closer ties with the EU that result in higher levels of trade and FDI inflows, once the turbulence of the 'Arab Spring …

The study reveals that there is a relationship between foreign direct investments, trade, and growth rate of per capita … do not show any auto-correlation. The trade and foreign investment variables have a significant impact on the growth rate … of GDP per capita. Because FDI and trade are two important components of economic growth in Bangladesh, it is important …