INTERNATIONAL TRADE AND GROWTH: An Overview From The Perspective of the New Growth Theory
Terry Roe and
Hamid Mohtadi ()
No 271485, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
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 mechnaism 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; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
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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:aaea99:271485
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