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What is Lecture 20 Trade and Growth Empirics I about?

The lecture discusses the relationship between international trade and economic growth, focusing on neoclassical growth models in open economies, the effects of trade liberalization on income convergence, and the role of technology transfer through physical goods. It highlights empirical studies that suggest dynamic effects of trade may lead to greater growth than static models predict. The session also addresses the importance of measuring parameters related to technological spillovers and terms-of-trade e

Author

chantalw594

Language

EN