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 … growth. Openness in terms of final consumer goods turns out to be insignificant in most specifications. We also estimate …

We study a model where economic growth is fueled by public basic-research investment and the importation of leading … benefits of stimulating growth through both channels. We establish the existence of steady states and the long-run share of … technologically advanced sectors in the economy. Then, we explore how different degrees of openness affect long-term incentives to …

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 …

studies of the seventies and eighties under the auspices of OECD, NBER and World Bank. These studies played a critical role in … country regressions as a methodology of analysis of issues relating to growth, trade and other issues. Both proponents (e ….g. Sachs and Warner (1995)) and opponents (Rodriguez and Rodrik (1999)) of the view that openness to trade is linked to higher …

The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in … economic research in the past 20 years. The positive or negative growth effects of a countryś regulatory framework are …. Therefore, the two potential determinants to growth might be interlinked. So far there is very little empirical evidence on the …

While openness to trade is a well-recognized hallmark of the Asian growth model, another component of the model is a … measure the degree of leapfrogging than the extent of trade openness. We undertake a systematic look at the evidence both …

This essay reviews the historical and ongoing role played by trade in sustained high growth and human development … supply-side capacity. Given the strong links between trade-led growth, economic upgrading, and poverty reduction, the paper … argues that trade led economic growth must be prioritised in the post-2015 development agenda. …

strong potential to reinforce the positive effects of PIDA and to contribute to the region's growth and development more …