INTERNATIONAL TRADE AND GROWTH: AN OVERVIEW FROM THE PERSPECTIVE OF THE NEW GROWTH THEORY

Terry Roe and Hamid Mohtadi ()

No 21536, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The role of international trade in the new growth theory is investigated from several perspectives. Following a historical outline and a brief analytical sketch of the R&D based models, the results from fitting three structural models to data are presented. Results show the relative impacts on growth from trade and R&D based policies including technological spillovers from trade. The mechanism of inter-sectoral adjustments to the long-run growth path are also discussed. Results from selected econometric studies are reviewed. With emphasis on agriculture, this includes evidence of technological spillovers from trade, the effect of R&D expenditures on growth in total factor productivity, and the extent to which the stock of technological knowledge is accessible by others.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Pages: 41
Date: 1999
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Citations: View citations in EconPapers (2)

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Working Paper: INTERNATIONAL TRADE AND GROWTH: An Overview From The Perspective of the New Growth Theory (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21536

DOI: 10.22004/ag.econ.21536

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