The study reveals that there is a relationship between foreign direct investments, trade, and growth rate of per capita … do not show any auto-correlation. The trade and foreign investment variables have a significant impact on the growth rate … of GDP per capita. Because FDI and trade are two important components of economic growth in Bangladesh, it is important …

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 …

Developing countries, of which Ghana is no exception have actively engaged in trade openness after independence, yet … examines the impact of trade openness on economic growth of Ghana for the period 1984-2018 taken into consideration the role … quality of institutions play. The results from the autoregressive distributed lag model (ARDL) reveal that, both trade …

This paper integrates in a unified and tractable framework some of the key insights of the field of international trade … preferences but differ on their assumptions about trade frictions. By comparing the predictions of these models against each other …, it is possible to identify a variety of channels through which trade affects the evolution of world income and its …

This paper argues that SSA has derived a minimal growth benefit from trade because of what it exports and that the … barriers to trade (NBT, trade costs) and natural resource endowments (NRE, primary commodity dependence). The analysis is based … variables. We find that high trade costs and natural resource endowments have a negative effect on growth and that the …

According to the Washington Consensus, developing countries’ growth would benefit from reductions in barriers to trade …. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not …

This paper investigates the impact of trade openness on economic growth and development for a sample of 85 middle … trade openness has been one of the main drivers of the level of development, but not of economic growth in middle income … countries. Secondly, that trade openness is both a cause and a consequence of the level of development in middle …

In pre-industrial Europe, growth was driven by the expansion of trade, and the expansion of trade was driven by falling …