| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w5416 |
| 来源ID | Working Paper 5416 |
| Testing for Trade-Induced Investment-Led Growth | |
| Richard E. Baldwin; Elena Seghezza | |
| 发表日期 | 1996 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | Many studies have found a positive correlation between trade and growth, but do not attempt to identify the economic mechanisms involved. This paper attempts to identify one of the mechanisms linking trade and growth. In particular, we present a novel theoretical model that establishes a link between trade liberalization and investment-led growth. Estimating equations are derived from the model and estimated with three stage least squares on a cross-country data sample. We find that domestic protection depresses investment and thereby slows growth. Foreign trade barriers also lower domestic investment, but the anti-investment effect is weaker and is less robust to sample and specification changes. |
| 主题 | International Economics ; Trade ; International Macroeconomics |
| URL | https://www.nber.org/papers/w5416 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/562874 |
| 推荐引用方式 GB/T 7714 | Richard E. Baldwin,Elena Seghezza. Testing for Trade-Induced Investment-Led Growth. 1996. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w5416.pdf（442KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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