Global View of Economic Growth

Jaume Ventura

No 5059, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and 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 geographical distribution. By comparing the predictions of these models against the data, it is also possible to construct coherent explanations of income differences and long-run trends in economic growth.

Keywords: Economic growth; International trade; Globalization (search for similar items in EconPapers)
JEL-codes: F10 F15 F40 F43 O11 O40 O41 (search for similar items in EconPapers)
Date: 2005-05
New Economics Papers: this item is included in nep-dev
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (61)

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Related works:
Chapter: A Global View of Economic Growth (2005)
Working Paper: A Global View of Economic Growth (2005)
Working Paper: A global view of economic growth (2005)
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