Does Trade Cause Growth?

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Does Trade Cause Growth?

Examining the correlation between trade and income cannot identify the direction of causation between the two. Countries’ geographic characteristics, however, have important effects on trade, and are plausibly uncorrelated with other determinants of income. This paper therefore constructs measures of the geographic component of countries’ trade, and uses those measures to obtain instrumental va...

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ژورنال

عنوان ژورنال: American Economic Review

سال: 1999

ISSN: 0002-8282

DOI: 10.1257/aer.89.3.379