This paper provides new evidence of the effects of road construction on both domestic and international trade flows in … those supported by multilateral development banks. We find that road construction helped to reduce trade costs significantly … internal trade costs decreases by 20%, and the ad valorem rate of international trade costs decreases, on average, by 15 …

This paper examines the impact on TFP of North-South trade-related technology diffusion in Latin America and the … Caribbean (LAC). North-South R&D flows are constructed based on industry-specific R&D in the North, North-South trade patterns …) that taking into account the interaction effects between trade, education and governance by reforming the policies …

the mid-1990s, ACI growth has improved the non-oil terms of trade of the developed countries. There have also been strong …, worsening their terms of trade and constraining their pricing ability. ACI growth has been especially beneficial for oil and … benefits from intra-industry trade; the challenges will come from increased head-to-head competition in manufactured goods and …

This paper revisits the relationship between international trade and economic growth. We measure trade openness indices … in explaining growth gains from trade. Using sectoral level data from WORLD KLEMS Database on industrial productivity and … output and global input output tables to construct the measures of trade openness, our empirical analysis covering 21 …

This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … over 30 years (1980 to 2010). As there is no clear theoretical relationship between trade (exports) and inequality, and as … of trade (exports) on growth. The findings are that in general trade openness advances growth while inequality reduces …

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade … consumer and less of an assembler. This provides ground for optimism about the prospects of trade with the PRC as a source of …

external trade and finance - including foreign direct investment, remittances, and aid - play a critical role. It is therefore …

critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …