TY  - JOUR
AU  - Baldwin,Richard
TI  - The Growth Effects of 1992
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 3119
PY  - 1989
Y2  - September 1989
UR  - http://www.nber.org/papers/w3119
L1  - http://www.nber.org/papers/w3119.pdf
N1  - Author contact info:
Richard Baldwin
Cigale 2
1010 Lausanne
SWITZERLAND
Tel: 41-22-908-5900
E-Mail: rbaldwin@cepr.org
AB  - This paper demonstrates that several types of dynamic trade effects can be easily quantified, at least roughly. These dynamic effects on output are found to be much larger than the static effects measured by existing empirical studies of trade liberalizations. The paper exposits and measures the Ricardian dynamic trade effect (the link between trade and steady-state level of productive factors). It also exposits and measures the Grossman-Helpman dynamic trade effect (the link between trade and the steady-state rate of accumulation of productive factors) by calibrating two of the "new" growth theory models.
ER  -