Ondrich, Jan; Richardson, J. David; Zhang, Shuo - In: International Economic Journal 20 (2006) 1, pp. 19-36
The link between openness and income has received increasing attention as countries try to justify their trade-promoting policies. Recent work of Frankel & Romer (1999) examines the effect of trade on income. We explore how the estimates of the trade effect change when we relax their assumption...