International Tourism and Economic Growth and Trade: Variance Decomposition Analysis

Industrial Dynamics, International Trade, and Economic Growth

This paper presents a dynamic general equilibrium model to illustrate how international trade and dynamic trade policies a¤ect industrialization, industrial upgrading, and economic growth in a two-country world, where there is an in…nite number of possible industries di¤erent in their capital intensities. Analytical solutions are obtained to fully characterize the endowment-driven industrializa...

Tourism and Economic Growth

International Trade and Economic Growth: Evidence from Singapore

International Trade and Economic Growth: Evidence from Singapore Clarence Jun Khiang Tan One of the frequently cited, though hotly contested, determinants of economic growth is exposure to international trade. This study focusses on Singapore, a country with high per capita GDP growth rates and high trade exposure to explore the relationship between these two variables. I use a cross-country da...

International Trade and Its Effects on Economic Growth in China

International Trade and its Effects on Economic Growth in China International trade, as a major factor of openness, has made an increasingly significant contribution to economic growth. Chinese international trade has experienced rapid expansion together with its dramatic economic growth which has made the country to target the world as its market. This research discusses the role of internatio...

The Nexus between Economic Growth and Intra-Industry Trade

According to traditional trade theories, foreign trade affects economic growth via several channels such as knowledge and technology spillover, improvement of resources allocation, increasing productivity and competitiveness. Within the framework of new trade theories, the effect of foreign trade on economic growth is ambiguous, and this effect depends on the combination of the different effect...