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 …

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 …

(labour force growth). The model predictions are confirmed in a sample of 132 countries (1988-2014), including 53 low …-income countries, for which we measure export variety using product-level trade data. The influence of technology differences on export …

The paper shows that the relationship between GDP per capita and levels of specialization can be predicted differently …

The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in … economic research in the past 20 years. The positive or negative growth effects of a country´s regulatory framework are …. Therefore, the two potential determinants to growth might be interlinked. So far there is very little empirical evidence on the …

While trade integration is often regarded as a principal determinant of economic growth, the empirical evidence for a … causal linkage between trade and growth is ambiguous. This paper argues that the effect of trade in dynamic panel estimations … depends crucially on the specification of trade. Both from a theoretical as well as an empirical point of view one …

We reconsider the effects of long-run economic growth on relative factor prices across cones of specialization. We … model economic growth as exogenous technical change. Allowing for capital biased technical change with a sector bias and for … endogenous commodity prices, we find that economic growth may increase or decrease factor price differences across cones. For a …