TRADE DETERMINANTS AS SOURCES OF ECONOMIC GROWTH An Empirical Inquiry

Thomas L. Vollrath and Paul V. Johnston

No 270739, 1990 Annual meeting, August 5-8, Vancouver, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Trade specialization patterns generally correspond to the stages of development explanation of growth. Commercial policy distortions and factor intensity reversals explain why trade does not always fit the skilled labor continuum. Calculated income elasticities with respect to openness imply that economies become less dependent on international markets as they grow.

Keywords: Agricultural and Food Policy; International Relations/Trade (search for similar items in EconPapers)
Pages: 16
Date: 1990-08-05
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea90:270739

DOI: 10.22004/ag.econ.270739

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