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Does International Trade Cause Economic Growth? A Survey

机译:国际贸易会导致经济增长吗?一项调查

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摘要

The effects of international trade on economic growth remain an area of protracted controversy in both theoretical and empirical research. The contemporary paradigms of theory have been characterised by a lack of consen-sus: the 'neoclassical trade' theory supports, while the 'neoclassical growth' theory does not recognise; and the 'new trade' theory is dubious, while the 'new growth' theory supports the positive effects of trade on output and growth. Mixed support is reinforced by mixed empirical evidence. The time-series models testing non-causality, and cross-section and panel data models examining the macroeconomic cross-country and microeconomic firm (indus-try) level effects commonly support positive and significant effects of trade on output and growth; the evidence is, however, not unambiguous. Rodriguez and Rodrik (2000) raise sceptical concerns on the strength of the argument for the beneficial effects of trade. An archival analysis and the historical evidence sug-gest that trade openness and growth were not correlated during the interwar period; were negatively correlated a century ago (Foreman-Peck, 1995; O'Rou-rke and Williamson, 1999; Vamvakidis, 2002); and became significantly corre-lated only in recent decades (Vamvakidis, 2002; Clemens and Williamson, 2004).
机译:在理论和实证研究中,国际贸易对经济增长的影响仍然是一个长期存在争议的领域。当代理论范式的特点是缺乏共识:“新古典主义贸易”理论支持,而“新古典主义增长”理论则不承认。 “新贸易”理论令人怀疑,而“新增长”理论则支持贸易对产出和增长的积极影响。混杂的经验证据加强了混杂的支持。测试非因果关系的时间序列模型,以及检查宏观经济跨国和微观经济公司(行业)水平效应的横截面和面板数据模型,通常都支持贸易对产出和增长的积极和重大影响;但是,证据并不是明确的。罗德里格斯和罗德里克(Rodriguez and Rodrik,2000)对贸易的有利影响的论点提出了质疑。档案分析和历史证据表明,在两次世界大战之间,贸易的开放程度和增长没有关联。与一个世纪前呈负相关(Foreman-Peck,1995; O'Rou-rke和Williamson,1999; Vamvakidis,2002)。并且仅在最近几十年才变得明显相关(Vamvakidis,2002; Clemens和Williamson,2004)。

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  • 来源
    《The World Economy》 |2010年第11期|p.1517-1564|共48页
  • 作者

    Tarlok Singh;

  • 作者单位

    Griffith Business School, Griffith University, Brisbane;

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  • 正文语种 eng
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