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In this paper, the literature on trade and development is surveyed, especially that regarding the role of complementarities associated with trade infrastructure. The empirical literature shows that, on average, trade causes growth, but the relationship is far from homogeneous across countries...
Persistent link: https://www.econbiz.de/10011576841
Technology made available by online markets has significantly reduced the cost of entry into international markets for small and medium sized firms, who can now reach far away consumers and create global reputation as a seller at very low costs. Empirical evidence using data from eBay sellers...
Persistent link: https://www.econbiz.de/10011654861