The long-run effects of trade on income and income growth /
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Author / Creator: | Brunner, Allan D. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, IMF Institute, ©2003. |
Description: | 1 online resource (40 p.) |
Language: | English |
Series: | IMF working paper ; WP/03/37 IMF working paper ; WP/03/37. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12494804 |
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020 | |a 1451845596 |q (Trade Paper) | ||
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049 | |a MAIN | ||
050 | 1 | 4 | |a HG3810 |b .I4525 2003 no.37 |
100 | 1 | |a Brunner, Allan D. | |
245 | 1 | 4 | |a The long-run effects of trade on income and income growth / |c Allan D. Brunner. |
256 | |a Electronic data. | ||
260 | |a [Washington, D.C.] : |b International Monetary Fund, IMF Institute, |c ©2003. | ||
300 | |a 1 online resource (40 p.) | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
490 | 1 | |a IMF working paper ; |v WP/03/37 | |
538 | |a System requirements: Adobe Acrobat Reader. | ||
538 | |a Mode of access: Internet via the World Wide Web. | ||
500 | |a Title from title screen (viewed Mar. 4, 2004). | ||
500 | |a "February 2003"--Page [1]. | ||
516 | |a Electronic book. | ||
530 | |a Also issued in paper format. | ||
504 | |a Includes bibliographical references (pages 37-38). | ||
520 | 3 | |a 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 effects on the long-run growth rate of the economy. Using a dynamic panel data model, the hypotheses of no long-run effects of trade on income and on income growth are tested explicitly. The possibility of endogeneity is addressed by constructing an instrument for trade by extending Frankel and Romer's (1999) cross-sectional approach to the case of a panel data model. The empirical results indicate that trade has a large and significant effect on the level of income, but the effect on income growth is small and non-robust to model specification. | |
533 | |a Electronic reproduction. |b Washington, D.C. : |c International Monetary Fund, |d 200u. | ||
539 | |a s |b 200u |d dcu |e n |g s | ||
546 | |a English. | ||
650 | 0 | |a Free trade |x Economic aspects |x Econometric models. | |
650 | 0 | |a Economic development |x Econometric models. | |
650 | 0 | |a Income |x Econometric models. | |
650 | 0 | |a Gross national product |x Econometric models. | |
650 | 0 | |a Causation |x Econometric models. | |
650 | 4 | |a Comparative Analysis of Economic Systems. | |
650 | 4 | |a Development. | |
650 | 4 | |a Economic development. | |
650 | 4 | |a Economic Growth of Open Economies. | |
650 | 4 | |a Economic Integration. | |
650 | 4 | |a Economic Models. | |
650 | 4 | |a Income. | |
650 | 4 | |a Macroeconomic Analyses of Economic Development. | |
650 | 4 | |a Panel Data Model. | |
650 | 4 | |a Single Equation Models. | |
650 | 4 | |a Single Variables |x Models with Panel Data. | |
650 | 4 | |a Free trade. | |
650 | 6 | |a Libre-échange |x Aspect économique |x Modèles économétriques. | |
650 | 6 | |a Développement économique |x Modèles économétriques. | |
650 | 6 | |a Revenu |x Modèles économétriques. | |
650 | 6 | |a Produit national brut |x Modèles économétriques. | |
650 | 7 | |a Economic development |x Econometric models. |2 fast |0 (OCoLC)fst00901797 | |
650 | 7 | |a Gross national product |x Econometric models. |2 fast |0 (OCoLC)fst00948101 | |
650 | 7 | |a Income |x Econometric models. |2 fast |0 (OCoLC)fst00968638 | |
655 | 0 | |a Electronic books. | |
710 | 2 | |a IMF Institute. | |
710 | 2 | |a International Monetary Fund. | |
776 | 1 | |t Long-run effects of trade on income and income growth (Original) |w (OCoLC)51895458 | |
830 | 0 | |a IMF working paper ; |v WP/03/37. | |
856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2003/037/001.2003.issue-037-en.xml |y INTERNATIONAL MONETARY FUND |
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928 | |t Library of Congress classification |a HG3810.I4525 2003 no.37 |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/001/2003/037/001.2003.issue-037-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12138733 |