A Global View of Economic Growth
Jaume Ventura ()
No 11296, NBER Working Papers from National Bureau of Economic Research, Inc
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.
JEL-codes: F10 F15 F40 F43 (search for similar items in EconPapers)
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Published as Ventura, Jaume, 2005. "A Global View of Economic Growth," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 22, pages 1419-1497 Elsevier.
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Chapter: A Global View of Economic Growth (2005)
Working Paper: Global View of Economic Growth (2005)
Working Paper: A global view of economic growth (2005)
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