The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
Does Trade Cause Growth?
Abstract
Examining the correlation between trade and income cannot identify the direction of causation between the two. Countries' geographic characteristics, however, have important effects on trade, and are plausibly uncorrelated with other determinants of income. This paper therefore constructs measures of the geographic component of countries' trade, and uses those measures to obtain instrumental variables estimates of the effect of trade on income. The results provide no evidence that ordinary least-squares estimates overstate the effects of trade. Further, they suggest that trade has a quantitatively large and robust, though only moderately statistically significant, positive effect on income. (JEL F43, O40)
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Citations
Cites
Specification Tests in Econometrics
Hausman, J. A. (1978) · Econometrica · doi:10.2307/1913827 · Cited by 18,820
Instrumental Variables Regression with Weak Instruments
Staiger, D., & Stock, J. (1994) · doi:10.3386/t0151 · Cited by 5,302
Economic Reform and the Process of Global Integration
Sachs, J. D., Warner, A., Aslund, A., & Fischer, S. (1995) · Brookings Papers on Economic Activity · doi:10.2307/2534573 · Cited by 4,950
The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988
Summers, R., & Heston, A. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937941 · Cited by 3,429
The great reversals: the politics of financial development in the twentieth century
Rajan, R. G., & Zingales, L. (2003) · Journal of Financial Economics · doi:10.1016/s0304-405x(03)00125-9 · Cited by 3,327
Cited by
Rodrik, D., Subramanian, A., & Trebbi, F. (2004) · Journal of Economic Growth · doi:10.1023/b:joeg.0000031425.72248.85 · Cited by 5,423
The great reversals: the politics of financial development in the twentieth century
Rajan, R. G., & Zingales, L. (2003) · Journal of Financial Economics · doi:10.1016/s0304-405x(03)00125-9 · Cited by 3,327
Do free trade agreements actually increase members' international trade?
Baier, S. L., & Bergstrand, J. H. (2007) · Journal of International Economics · doi:10.1016/j.jinteco.2006.02.005 · Cited by 2,692
Estimating Trade Flows: Trading Partners and Trading Volumes *
Helpman, E., Melitz, M., & Rubinstein, Y. (2008) · Quarterly Journal of Economics · doi:10.1162/qjec.2008.123.2.441 · Cited by 2,436
The Slave Trade and the Origins of Mistrust in Africa
Nunn, N., & Wantchekon, L. (2011) · American Economic Review · doi:10.1257/aer.101.7.3221 · Cited by 2,197
Metadata
- Authors
- Frankel, J. A., & Romer, D.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 1999-06-01
- Volume
- 89
- Issue
- 3
- Pages
- 379-399
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2011474190
- Cited by
- 5,384
- References
- 5
- FWCI
- 219.17
- Type
- journal article
- Language
- en
- Open access
- closed
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