on economic growth is affected by wealth inequality. The results suggest (a) that opening to trade tends to accelerate … growth but (b) that the addition to growth depends inversely on the level of wealth inequality prior to opening. These …Panel data on 54 developing countries between 1960 and 2000 are used to investigate how the impact of opening to trade …

on economic growth is affected by wealth inequality. The results suggest (a) that opening to trade tends to accelerate … growth but (b) that the addition to growth depends inversely on the level of wealth inequality prior to opening. These …Panel data on 54 developing countries between 1960 and 2000 are used to investigate how the impact of opening to trade …

increased volatility in its terms of trade, openness confers diversification benefits. In this note, we argue that export …As developing countries look to embrace an outward-oriented growth strategy, some may be concerned about the … possibility that increased openness will be accompanied by increased volatility. However, although a more open economy may face …

We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with … realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with …

Does trade raise growth rates of commodity exporters less than those of industrial goods exporters? Do industrial …, they gained from trade—their growth rates either did not increase or increased by much less than did rates of their … countries gain more from trade? Do world trade booms over the past two centuries help account for the widening gap between rich …

Services can now be stored and traded digitally, and they are not subject to many of the trade barriers that physical … exports have to overcome. Services are no longer exclusively an input for trade in goods, but have become a “final export” for … geographic locations. This has led to a new channel of growth—what we call service export sophistication. …

institutions to affect growth. Institutions can directly affect growth, or it can impact on trade, which in turn affects growth …. Once we separately quantify the link from institutions to trade, and trade to growth, the independent effect of … institutions on growth is small. This suggests that part of what is often understood as trade's effect on growth can be attributed …

This paper studies the effects of trade and inequality in central Spain during the eighteenth century, taking as case … income inequality in the province during the eighteenth century and concludes that inequality decreased, especially during …’s ideas, the reduction in inequality meant that markets could work properly and that a majority and not only a few could take …

The paper asks whether trade can help to achieve the employment targets of the Sustainable Development Goals. The focus … is on Goal 8, which is to "promote sustained, inclusive and sustainable growth, full and productive employment, and … decent work for all." The theoretical and empirical links between trade and employment are examined to suggest whether trade …

. But South-South trade is partly picking up the slack. Middle-income countries are driving export diversification of low …-income countries. Developing countries may be moving toward a new version of export-led growth. …