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Growth and trade with frictions : a structural estimation framework

Anderson, James E.; Larch, Mario; Yotov, Yoto V. - 2015

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through changes in consumer and producer prices that in turn stimulate or impede physical capital accumulation. At the same time, growth affects trade, directly through changes in...

Persistent link: https://www.econbiz.de/10011298529

Trade, institutional quality and income : empirical evidence for sub-Saharan Africa

Huy Quang Doan - In: Economies : open access journal 7 (2019) 2/48, pp. 1-23

This paper looks at how trade liberalization and institutional quality influence real income. Previous evidence has provided mixed results, and we find that indicators representing trade liberalization have been very weak. By using strongly balanced panel data of 45 Sub-Saharan African countries...

Persistent link: https://www.econbiz.de/10012021637

Globalization & regionalization in international trade

Țigănașu, Ramona; Maha, Liviu George; Mursa, Claudiu … - In: CES working papers 1 (2009) 2, pp. 5-19

growth of networks of interdependence within multinational regions of the world. The recent decades arecharacterized by the … fact that the world trade grew faster than world output, which implies that an increasing share of world GDP crosses … economic integration is being created within a few specific regions of the world: Europe, North America and East Asia. …

Persistent link: https://www.econbiz.de/10011992014