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 …

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 …

The endogenous growth literature has stimulated empirical research into links between trade and growth in general and … is a public or private good in the donor and recipient countries, and include these in a dynamic panel model of growth …

economic growth theory incorporated intangible knowledge as an endogenous factor, rather than maintaining it as exogenous to … models of growth. Trade policy must similarly work to incorporate an understanding of the trade in IP licences itself within …