international trade, then asks whether the process of economic growth as modeled in neoclassical growth models tends to lead the … between these two models. The paper examines several neoclassical models of trade and growth, distinguished by their … world more toward one or the other. The one-cone model has been the workhorse of international trade theory for many years …

standard trade theory. Dynamically, the "brain drain" of entrepreneurs into the re- source sector may exacerbate the de …-industrialization over time, but if the discovery is not su¢ ciently large then it leads to temporarily lower growth in non-resource factor … the discov- ery. Second best trade or investment policies that direct entrepreneurs away from the resource sector may be …

supervision of the banking system. We argue that the crisis is an opportunity to reformulate the strategies of growth by way of …

This paper identifies the major factors explaining GDP growth in a number of South-East Asian countries during the … capital, movements in the terms of trade, and changes in domestic output prices are reported for Hong Kong, Japan, South Korea …

We develop a tractable growth model to study the dynamic macroeconomic effects of multinational production (MP) across … contribute to the local stock of knowledge. We incorporate idea diffusion into a quantitative framework of trade and MP. The … model yields tractable expressions for bilateral MP flows, trade flows, and the dynamics of technology that we use in our …

A neoclassical growth model is used to provide an explanation for a "poverty trap," or "club convergence," in terms of … specialization and international trade. The model has a large number of countries with access to identical constant …

There are two principal theories of why countries trade: comparative advantage and increasing returns to scale. Yet … structure and trade. We use a framework that nests an increasing returns model of economic geography featuring "home market …" effects with that of Heckscher-Ohlin. We employ these trade models to account for the structure of OECD manufacturing …

international trade on steady state growth. The two countries differ both in preferences and in technologies. We show first, that … both countries cannot simultaneously experience increases in consumption growth from trade. Second, we show that trade can … increase output growth for both countries if the attitude toward saving matches the change in the terms of trade in each …

primary driving forces, sector-biased productivity growth and sectoral trade integration. We calibrate the model to the same … countries used to document our patterns. We find that sector-biased productivity growth is important for deindustrialization by … reducing the relative price of manufacturing to services, and sectoral trade integration is important for industry polarization …

large, labor-intensive partner. These terms-of-trade effects have consequences over growth and the pattern of specialization …Over the last decades, large labor intensive countries, like China, have played a growing role in world trade. Using … the factor proportions theory, this paper investigates the dynamic effects of economic growth consequent to international …