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 …

We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and … to 9% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …

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 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 …

This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach … than previous results. They confirm the existence of a strong causal effect of trade on growth but fail to find evidence … for trade as an independent factor of divergence. Hence, one cannot blame trade as such for the disappointing performance …

This paper revisits the relationship between international trade and economic growth. We measure trade openness indices … in explaining growth gains from trade. Using sectoral level data from WORLD KLEMS Database on industrial productivity and … output and global input output tables to construct the measures of trade openness, our empirical analysis covering 21 …

This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … over 30 years (1980 to 2010). As there is no clear theoretical relationship between trade (exports) and inequality, and as … of trade (exports) on growth. The findings are that in general trade openness advances growth while inequality reduces …

critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …

with the price-cost margin and the intra-industry trade index - the proxies for market monopolistic behavior. The proxies …