chains positively impacts their growth; a positive impact which is driven by trade in commodities, knowledge intensive good …Global value chains offer countries unique opportunities to participate in and benefit from international trade by … growth. We use the EORA Multi-Region Input-Output tables to track the evolution of African countries along global value …

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. …

demand and growth. As a result, the collapse of exports to the US and other industrialized countries during the global … financial and economic crisis has sharply curtailed gross domestic product (GDP) growth across the region. The emergence of the … an additional source of demand and growth. The central objective of this paper is to use vector autoregression (VAR …

While trade integration is often regarded as a principal determinant of economic growth, the empirical evidence for a … causal linkage between trade and growth is ambiguous. This paper argues that the effect of trade in dynamic panel estimations … depends crucially on the specification of trade. Both from a theoretical as well as an empirical point of view one …

world-wide SO2 emissions and estimate the impact of trade on emissions. Contrarily to concerns raised by environmentalists … reduction in emissions. A second exercise comparing the actual trade situation with an autarky benchmark estimates that trade …

We reconsider the effects of long-run economic growth on relative factor prices across cones of specialization. We … model economic growth as exogenous technical change. Allowing for capital biased technical change with a sector bias and for … endogenous commodity prices, we find that economic growth may increase or decrease factor price differences across cones. For a …

growth, being as it is one of the richest fields in the economic literature. The interest of its effects on economic growth … trade volume. Finally, it analyzes the effects of commercial integration on the specialization pattern, technological … diffusion and the production scale in the context of endogenous growth models. It ends with some brief reflections. …

The notion of ‘shared growth’ was introduced by the World Bank in recognition of East Asia’s rapid growth accompanied … (explanation). There is a more essential, underlying region-wide mechanism that simultaneously promotes regionalized growth and … have fortuitously coalesced to engender a considerably favourable condition for Asia’s rapid catch-up growth in which …

factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to … for both growth and inequality. Calibrated TFP growth is consistent with the results from nonparametric growth accounting … more problems to modelling inequality than with growth: in particular, the main models in the literature, which take skill …

This research report investigates the trade and growth benefits of the CEFTA agreement for its members. Although the … economic growth. However, there is trade heterogeneity in terms of the extent to which individual countries use CEFTA value …