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《Does Trade Cause Growth》.pdf
Does Trade Cause Growth?
Jeffrey A. Frankel; David Romer
The American Economic Review, Vol. 89, No. 3. (Jun., 1999), pp. 379-399.
Stable URL:
/sici?sici=0002-82822989%3A3%3C379%3ADTCG%3E2.0.CO%3B2-U
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Sat Jan 6 10:41:32 2007
Does Trade Cause Growth?
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 detemtinants
of income. Thispaper therefore constructs measures of the geographic component
of countries trade, and uses those measures to obtain instrume
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