Series: IMF Working Papers
Author(s): Allan Brunner
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2003
Keywords: panel data model, trade share, gdp per capita, bilateral trade, growth rate, international trade, Economic Growth of Open Economies, Macroeconomic Analyses of Economic Development, Comparative Analysis of Economic Systems,
This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effect...