International Trade, Capital Flows and Economic Development

The following sections are included:

• Dedication
• Contents
• About the Authors
• Acknowledgements
• List of Tables
• List of Figures
• Introduction

The following sections are included:

• Introduction
• Specification of the Models
• Balanced Growth and Integration
• Trade in Goods and Flows of Ideas
• Scale Effects and Growth
• Limitations of the Models and Extensions
• Appendix
• References
• Economic Integration and Endogenous Growth: An Addendum
• References

The following sections are included:

• Introduction
• Scale, Allocation, and Redundancy
• Specification of the Model
• Across the Board Protection
• Selective Protection with Imperfect Intellectual Property Rights
• Conclusions
• Appendix
• References

The following sections are included:

• Introduction
• Growth Effects of Integration and Tariff Cuts
• A General Model of Endogenous Growth
• Integration and Reciprocal Tariff Reductions
• Conclusions
• References

The following sections are included:

• Introduction
• A Two-Country Model of Technological Change and Growth
• Integration between Unequal, Innovating Economies
• Integration between Highly Asymmetric Countries
• Conclusions
• References

The following sections are included:

• Introduction
• Endogenous Technological Change and Economic Growth
• Rivalry, Trade and Technological Change
• Trade, Technological Change and Long-Run Growth
• National Innovation Systems and Long-Run Economic Growth
• The Impact of International Trade on Endogenous Growth
• Summary and Conclusions
• References

The following sections are included:

• Introduction
• Specialization in Producer Services and Industrial Economies
• The Supply of Producer Services: Diversity, Pricing and Output Decisions
• Services, Variety and Agglomeration Economies in Consumption
• Household Utility Differentials in a System of Closed Cities
• Agglomeration Economies and the Equilibrium Allocation of Households among a System of Open Cities
• Conclusions
• References

The following sections are included:

• Introduction
• Models of Location, Agglomeration and Trade
• A General Model of Interregional Trade
• The Geography of Employment, Agriculture and Pollution Externalities
• Industrial Centers Servicing Widespread Heterogeneous Markets
• The Gravity Theory of Trade Patterns
• Patterns of Spatial Resource Allocation in Manufacturing and Agriculture
• Technological Change, Transportation Efficiency and Externalities
• Industrial Policy and Theory of Central Location
• Concluding Remarks
• References

The following sections are included:

• Introduction
• The Linkages between Democracy and Governance
• A Model of Democracy, Governance, and Endogenous Growth
• The Empirical Evidence on Democracy and Growth
• Conclusions
• References

The following sections are included:

• Introduction
• Data and Exploratory Causality Tests
• Democracy, the Rule of Law, and Growth
• Which Type of Capital Flow Has the Greater Growth Impact?
• Do Better Democracies Attract More Capital Flows?
• Conclusions
• Data Appendix
• References

The following sections are included:

• Introduction
• A Model of a Small Open Economy in the Presence of Corruption
• The Impact of Capital Account Liberalization on Economic Growth
• Conclusions
• References

The following sections are included:

• Introduction
• Patterns of Long-Run Growth in East Asia
• Before the Typhoon: A Look at Some Key Macroeconomic Fundamentals
• The Development of the Crisis
• The Anatomy of an Emerging Market Crisis: Capital Inflows and the Exchange Rate
• The Aftermath of the Crisis: Where Are We Now?
• Policy Implications: The Political Economy of Emerging Market Disease
• References

The following sections are included:

• Introduction
• The Effects of Changes in Terms of Trade on National and Aggregate Welfare
• Terms of Trade Changes, Non-Traded Goods Prices and Welfare
• References

The following sections are included:

• Introduction
• The Model
• Foreign Ownership and Exchange Rate Management
• The Current Account, Export Taxes and the Effects of Devaluation on GDP
• An Application to Jamaica and the Bauxite Industry
• Conclusions
• References

The following sections are included:

• Introduction
• Producer Services and Increasing Returns due to Specialization
• The Producer Services Market: Pricing and Output Decisions
• Foreign Capital Inflows, External Economies of Scale and Industrial Growth
• Foreign Capital and National Welfare
• Foreign Investment, Specialization and Employment in LDCs
• Conclusions
• References

The following sections are included:

• Introduction
• The Industrial Sector and Specialization Economies
• The Producer Services Sector
• The Effects of Direct Foreign Investment
• Conclusions
• References