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Wiley InterScience | ||
![]() Journal of Economic SurveysVolume 19 Issue 4, Pages 623 - 648 Published Online: 17 Aug 2005 Journal compilation © 2010 Blackwell Publishing Ltd
Abstract | References | Full Text: PDF (Size: 177K) | Related Articles | Citation Tracking Trade and Growth: Reconciling the Macroeconomic and Microeconomic Evidence Copyright Blackwell Publishers Ltd, 2005 KEYWORDS Developing countries • Openness • Growth • Productivity • Trade policies ABSTRACTAbstract. Many empirical studies based on plant-level data have found that firms that enter the export markets are more productive than non-exporters and that this difference in productivity is achieved before firms become involved in exporting. These findings have challenged the traditional view that openness to trade increases productivity and economic growth. This article reconsiders the literature on trade, growth, and trade policies and argues that a careful examination of these new findings is consistent with the idea that exporting increases productivity and economic growth. |