The Long-Run Effects of Tradeon Income and Income Growth

The Long-Run Effects of Tradeon Income and Income Growth
This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate of the economy. Using a dynamic panel data model, the hypotheses of no long-run effects of trade on... READ MORE...

Publication date: February 2003
ISBN 9781451845594
$15.00

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