Global View of Economic Growth
Jaume Ventura ()
No 5059, CEPR Discussion Papers from C.E.P.R. Discussion Papers
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; globalization; international trade (search for similar items in EconPapers)
JEL-codes: F10 F15 F40 F43 O11 O40 O41 (search for similar items in EconPapers)
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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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