This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … of trade (exports) on growth. The findings are that in general trade openness advances growth while inequality reduces … growth. However, when we identify an inequality threshold, we find that inequality is positively associated with growth if …

theory involving capital and labour without neo-classical assumptions. Interestingly the growth story of the model seems to … be observationally equivalent to the Solow (1956) model of steady state growth. It can easily and effectively reflect on … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …

This paper explores the interconnections between the BRIC economies and the world economy by analyzing their key …-added fragments of the global value chains. In the long term, their economic growth might be constrained by technological capacity …

that nests both the Cobb-Douglas and the CES. Embedding the resultant production function in a neoclassical growth … and labor may exceed unity and thus yield endogenous growth …

in explaining growth gains from trade. Using sectoral level data from WORLD KLEMS Database on industrial productivity and …This paper revisits the relationship between international trade and economic growth. We measure trade openness indices … growth. Openness in terms of final consumer goods turns out to be insignificant in most specifications. We also estimate …

the medieval world. It comes at a time when innovation had already been stagnating under guild-like corporate … industrial revolution (4IR) to a premature end. Hence the post-COVID-19 world may be left with trade as the only engine for … industrialization for the foreseeable future. If the global community fails to fix the multilateral trade system, the world may start to …