The empirics of trade and growth : where are the policy recommendations? /

Existing literature repeatedly documented a strong correlation between trade and growth. It has also shown a causal effect of imports (though not necessarily exports) on growth in simultaneous equation models but to a lesser extent in Granger-causality tests. Export and import taxes have sometimes b...

Πλήρης περιγραφή

Κύριος συγγραφέας: Walde, Klaus.
Corporate συγγραφέας: European Commission : Directorate-General for Economic and Financial Affairs.
Άλλοι συγγραφείς: Wood, Christina A.
Μορφή: Βιβλίο
Γλώσσα: English
Στοιχεία έκδοσης: Brussels ; Belgium : European Commission: Directorate-General for Economic and Financial Affairs, 2004.
Σειρά: European Economy. Economic papers ; 204.
Διαθέσιμο Online: http://ec.europa.eu/economy_finance/publications/publication_summary714_en.htm
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245 1 4 |a The empirics of trade and growth :  |b where are the policy recommendations? /  |c Walde Klaus, Wood Christina A. 
260 |a Brussels ;  |a Belgium :  |b European Commission: Directorate-General for Economic and Financial Affairs,  |c 2004. 
300 |a 19 σ. ;  |c 30 εκ. 
520 0 |a Existing literature repeatedly documented a strong correlation between trade and growth. It has also shown a causal effect of imports (though not necessarily exports) on growth in simultaneous equation models but to a lesser extent in Granger-causality tests. Export and import taxes have sometimes been found to negatively affect growth. Drawing policy conclusions from these general findings for a particular country is difficult not only because of the contradictory results but also because of potential second best world effects and the implied endogeneity of trade policy. Policy recommendations for a specific country require a careful analysis of market and institutional arrangements and can not be based on the existing cross-country literature. 
580 |a Economic Papers 
700 1 |a Wood, Christina A. 
710 2 |a European Commission : Directorate-General for Economic and Financial Affairs. 
773 0 |a Economic papers  |g May 2004, No 204. 
830 |a European Economy. Economic papers ;  |v 204. 
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