|Title: ||Learning by Doing, the Technology Gap, and Growth|
|Issue Date: ||2009-01-09 12:15:17 (UTC+8)|
|Abstract: ||In contrast with other trade and growth theories in previous literature, I present a growth theory of trade-induced learning: Other things being equal, two conditions are essential for trade-induced learning. First, both exports and imports are equally important sources and are mutually reinforced in intensify- ing the learning process. Moreover, the nature or characteristics of these traded goods also influence the effect of learning. Second, trade openness is a prerequisite but not a sufficient condition for rapid growth. With whom one
trades (one's trading partner) is a key factor in determining trade-induced technology spillover and hence in affecting enduring growth. Therefore, this trade-induced learning theory provides abundant and testable implications for the empirical study of trade and growth.
|Relation: ||International Economic Review,39(3),697-721|
|Data Type: ||article|
|DOI link: ||http://dx.doi.org/10.2307/2527396|
|Appears in Collections:||[Department of Economics] Periodical Articles|