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Cambridge Journal of Economics 1977, 1, 153-172. International trade and economic growth: an alternative to the neoclassical approach. Terry Barker*. 1. Introduction and summary. Characteristics of world trade. Two features stand out in the broad development of world production and trade in the post-war period.
International cooperation and the development of globalization have a favorable impact on the market economy. The consequences of these processes are the further integration of countries into international trade, which continues to take an increasingly important role in the economies of developed countries. The analysis.
DISCUSSION PAPER SERIES. Forschungsinstitut zur Zukunft der Arbeit. Institute for the Study of Labor. International Trade and its Effects on. Economic Growth in China. IZA DP No. 5151. August 2010. Peng Sun. Almas Heshmati
Abstract. The theoretical analysis of the topic under consideration was initially directed to the examination of the effects of the various forms of growth on international trade, in particular on the volume and pattern of trade, on the terms of trade, and on welfare. In this analysis — which is essentially of a comparative-static
Ruhr-University Bochum b. Hamburg Institute of International Economics (HWWI). Abstract. While trade integration is often regarded as a principal determinant of economic growth, the empirical evidence for a causal linkage between trade and growth is ambiguous. This paper argues that the effect of trade in dynamic panel
21 Dec 2017 Full-text (PDF) | International trade is one of the leading discussions taken not only in South Africa but worldwide on daily basis. The purpose of this study is to examine the impact of foreign trade on economic growth in South Africa. The findings of this study will determine the effects of inte
International Trade and Economic Growth: Evidence from Singapore. Clarence Jun Khiang Tan. One of the frequently cited, though hotly contested, determinants of eco- nomic growth is exposure to international trade. This study focusses on. Singapore, a country with high per capita GDP growth rates and high trade.
Introduction. It has long been thought that international trade can increase a country's growth rate. Until recently however the argument for free trade was based upon static considerations of specialisation and the international division of labour. While shifting production more in line with one's comparative advantage should
THE effects of international trade on economic growth remain an area of protracted controversy in both theoretical and empirical research. The contemporary paradigms of theory have been characterised by a lack of consen- sus: the 'neoclassical trade' theory supports, while the 'neoclassical growth' theory does not
ABSTRACT. In this paper, we examine the studies, since Adam Smith, on the impact of commercial and technological aspects, resulting from international trade, on the physical accumulation and quality of productive factors. We remark that the theory of economic growth and the theory of international trade, during the

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March 2018