Growth and Interdependence

Abstract

Two of the most interesting facts of the postwar international growth experience are (1) the conditional convergence finding that, after controlling for measures of education and government policies, poor countries tend to grow faster than rich ones; and (2) a small group of export-oriented economies in East Asia have been able to grow at rates that are so high that they defy historical comparisons. This paper shows that it is possible to explain these facts by combining a weak form of the factor-price-equalization theorem of international trade with the Ramsey model of economic growth.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 456 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.