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Tekijä: | Irwin, D. A. Terviö, M. |
Otsikko: | Does trade raise income? Evidence from the twentieth century |
Lehti: | Journal of International Economics
2002 : OCT, VOL. 58:1, p. 1-18 |
Asiasana: | International trade Networks Trade barriers Information resources management |
Kieli: | eng |
Tiivistelmä: | Using data from the pre-World War I, the interwar, and the post-war periods, the authors find that the main result of Frankel and Romer (American Economic Review 89(1999)p. 379-399) is confirmed throughout the whole century: countries that trade more as a propoprtion of their GDP have higher incomes even after controlling for the endogeneity. of trade. |
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