Existing literature repeatedly documented a strong correlation between trade and growth. It has also shown a causal effect of imports (though not necessarily exports) on growth in simultaneous equation models but to a lesser extent in Granger-causality tests. Export and import taxes have...

Several empirical papers have shown that international trade has a positive causal effect on a country's GDP or growth rate. A common conclusion from these results is that a free trade policy will increase a country's GDP. This comment does not dispute the empirical findings per se but questions...

Der wirtschaftliche Aufschwung setzt sich in Israel nach schwierigen achtziger Jahren seitdem unvermindert fort. Nahezu 600 000 Einwanderer seit 1990 ließen die Bevölkerung des kleinen Landes auf fast 5,5 Mill. ansteigen (darunter 1 Mill. Palästinenser), und was eigentlich eine Belastung...