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Growth and Trade: Some Hypotheses About Long-Term Trends

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  • Cooper, Richard N.

Abstract

The relationship between long-term trends in foreign trade and long-term trends in income has long been a source of fascinating speculation for scholars. As early as 1821, Robert Torrens observed that “as the several nations of the world advance in wealth and population, the commercial intercourse between them must gradually become less important and beneficial.†He believed that trade was founded on the exchange of manufactures for foodstuffs and materials; as land became scarcer as a result of population growth, the basis for trade would disappear.

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  • Cooper, Richard N., 1964. "Growth and Trade: Some Hypotheses About Long-Term Trends," The Journal of Economic History, Cambridge University Press, vol. 24(4), pages 609-628, December.
    • Handle: RePEc:cup:jechis:v:24:y:1964:i:04:p:609-628_06
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    Cited by:

    1. Christian Nsiah & Chen Wu & Walter Mayer, 2012. "An analysis of US State’s export performance in the Asian Market," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 49(2), pages 533-550, October.

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