Foreign exchange windfalls such as those from natural resource revenues change non-resource exports, imports, and the … that the response to a dollar of resource revenue is, approximately, to decrease non-resource exports by 75 cents and … increase imports by 25 cents, implying a negligible effect on foreign saving. The negative per dollar impact on exports is …

This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed … produced with a clean and a dirty input. I show that a temporary Northern policy combining clean research subsidies and a trade … tax can ensure sustainable growth but Northern carbon taxes alone cannot. Trade and directed technical change accelerate …

investment share, initial human capital, trade openness, the national income share of natural resource exports and population …

.61, while increasing skill premia in all countries. Removing barriers to trade in goods amplifies income disparities, induces … trade liberalization is coupled with international IPR protection. …

This paper integrates in a unified and tractable framework some of the key insights of the field of international trade … preferences but differ on their assumptions about trade frictions. By comparing the predictions of these models against each other …, it is possible to identify a variety of channels through which trade affects the evolution of world income and its …

barriers to trade. But a backlash against this view now suggests that trade policies have little or no impact on growth. If …" (Easterly 2005, Rodrik 2006). However, the empirical basis for judging recent trade reforms is weak. Econometrics are mostly ad … hoc; results are typically not judged against models; trade policies are poorly measured (or not measured at all, as when …

trade expansion. Specifically, we present a stages-of-growth model in which the four phenomena are jointly endogenous and …