Working Paper: NBER ID: w10244
Authors: Juan Carlos Hallak; James Levinsohn
Abstract: This paper evaluates how much of the economics profession has evaluated the evidence on the relationship between international trade and economic growth. The paper highlights the basic approaches to the trade and growth question that the literature has adopted. The case is made that more attention needs to be paid to the mechanisms by which trade impacts growth and that future research should move away from a focus on outcomes and look instead at these mechanisms.
Keywords: Globalization; Economic Growth; Trade Policy
JEL Codes: F1
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| trade openness (F43) | economic growth (O49) |
| endogeneity and omitted variable bias (C20) | trade openness (F43) |
| methodological shortcomings (C90) | trade openness and economic growth correlation (F43) |
| trade openness (F43) | economic growth (O49) |