This paper builts on earlier evidence showing that, while most countries exhibit little evidence of unconditional income convergence, countries that trade heavily with another tend to exhibit a muchhigher incidence of convergence.

What is the impact on output of movement towards free trade? Can trade liberalization have a permanent effect on output levels, and more importantly, does it have an impact on steady-state growth rates? The model developed here emphasizes the role that knowledge spillovers emanating from...

The goal here is not to provide an explanation for the growth in trade over the postwar period. The fist goal of this paper is to examine whether the trade-output shares evolved gradually over the postwar period , or whether trade in individual countries changes abruptly. We analyze sequential...

In this paper, the author will try to describe in this lecture what economists know about foreign trade and in what ways their understanding has improved as a result of the last twenty years of research.