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Trade and Growth: Still Disagreement about the Relationships

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  • Robert E. Baldwin

Abstract

The relationships between trade and growth have long been a subject of considerable controversy among economists. In the early post-World War II period, many economic leaders concluded that protective trade policies stimulated growth, and import substitution policies were widely adopted by developing countries. By the 1980s, however, country-specific and general cross-country analyses had demonstrated the failure of the import substitution approach, and consequently export-oriented policies were widely adopted. While subsequent cross-country studies have generally indicated the growth effectiveness of outward-looking policies, recent criticisms of these studies (by Rodriguez and Rodrik, 1999, in particular) have called this conclusion into question ... Les relations entre le commerce et la croissance ont été depuis longtemps sujet à controverse parmi les économistes. Durant la période qui a suivi la deuxième guerre mondiale, beaucoup de leaders dans le domaine de l’économie concluaient que les politiques commerciales protectionnistes étaient stimulantes pour la croissance, et que des politiques de substitution de l’importation étaient largement en vigueur dans les pays développés. Au cours des années 80, cependant, les analyses nationales et internationales ont démontré l’inefficacité de l’approche de subsitution de l’importation, et donc les politiques visant l’exportation ont été favorisées en conséquence. Si les études internationales ultérieures soulignent en général l’efficacité, en termes de croissance, des politiques favorisant l’exportation, de récentes critiques de ces études (en particulier, Rodriguez et Rodrik, 1999) ont contesté cette conclusion ...

Suggested Citation

  • Robert E. Baldwin, 2000. "Trade and Growth: Still Disagreement about the Relationships," OECD Economics Department Working Papers 264, OECD Publishing.
  • Handle: RePEc:oec:ecoaaa:264-en
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    File URL: http://dx.doi.org/10.1787/768732688342
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    Cited by:

    1. Joachim Wagner, 2007. "Exports and Productivity: A Survey of the Evidence from Firm-level Data," The World Economy, Wiley Blackwell, vol. 30(1), pages 60-82, January.
    2. Andrea Bassanini & Stefano Scarpetta, 2003. "The Driving Forces of Economic Growth: Panel Data Evidence for the OECD Countries," OECD Economic Studies, OECD Publishing, vol. 2001(2), pages 9-56.
    3. Mario Larch & Yoto V. Yotov, 2016. "General Equilibrium Trade Policy Analysis with Structural Gravity," CESifo Working Paper Series 6020, CESifo Group Munich.
    4. Lewis Evans and Patrick Hughes, 2003. "Competition Policy in Small Distant Open Economies: Some Lessons from the Economics Literature," Treasury Working Paper Series 03/31, New Zealand Treasury.
    5. De Hoyos, Rafael E. & Iacovone, Leonardo, 2013. "Economic Performance under NAFTA: A Firm-Level Analysis of the Trade-productivity Linkages," World Development, Elsevier, vol. 44(C), pages 180-193.
    6. Joachim Wagner, 2007. "Exports and Productivity in Germany," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot, Berlin, vol. 53(4), pages 353-373.
    7. Beck Hanno, 2012. "Wie verkauft man Wirtschaftsbücher? Zehn einfache Regeln. Anmerkungen zum Buch „Das Globalisierungsparadox. Die Demokratie und die Zukunft der Weltwirtschaft“ von Dani Rodrik," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 63(1), pages 457-461, January.
    8. Dewenter Ralf, 2012. "Marktmacht. Zum gleichnamigen von Hans Jürgen Ramser und Manfred Stadler herausgegebenen Tagungsband," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 63(1), pages 461-463, January.
    9. Kutan, Ali M. & Yigit, Taner M., 2007. "European integration, productivity growth and real convergence," European Economic Review, Elsevier, vol. 51(6), pages 1370-1395, August.
    10. Fryges, Helmut, 2004. "Productivity, Growth, and Internationalisation: The Case of German and British High Techs," ZEW Discussion Papers 04-79, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    11. Turan Subasat, 2003. "Does the Dollar Index Really Measure Outward Orientation?," International Review of Applied Economics, Taylor & Francis Journals, vol. 17(3), pages 309-326.
    12. Mete FERIDUN & Janet O. OLUSI & Benjamin Ayodele FOLORUNSO, 2006. "Analyzing The Impact Of Globalization On Economic Development In Developing Economies: An Application Of Error Correction Modelling (Ecm)To Nigeria," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 6(3).

    More about this item

    Keywords

    commerce et croissance; développement économique; economic development; politique commerciale; trade and growth; trade policy;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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