Growth, Technological Progress, and Trade
36 Pages Posted: 20 May 2004 Last revised: 8 Aug 2010
Date Written: May 1988
Recent developments in the theory of economic growth and dynamic trade theory are reviewed and interpreted. These include growth based on economies of scale, trade with product development, and product cycles. It is argued that there is need for more work in this area in order to understand the relationship between trade and growth.
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