Working Paper: NBER ID: w2592
Authors: Elhanan Helpman
Abstract: Recent developments in the theory of economic growth and dynamic trade theory are reviewed and interpreted. These include growth based on economies of scale, trade with product development, and product cycles. It is argued that there is need for more work in this area in order to understand the relationship between trade and growth.
Keywords: Technological Progress; Trade; Economic Growth
JEL Codes: F11; O41
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| economic growth (O49) | trade (F19) |
| trade (F19) | economic growth (O49) |
| trade (F19) | efficiencies and output of exporting sectors (F14) |
| trade (F19) | economic performance (P17) |
| economies of scale and product cycles (F12) | mediation between trade and growth (O24) |