Lederman, DanielMaloney, William F.2014-05-122014-05-122003-04https://hdl.handle.net/10986/18264Lederman and Maloney examine the empirical relationships between trade structure and economic growth, particularly the influence of natural resource abundance, export concentration, and intra-industry trade. They test the robustness of these relationships across proxies, control variables, and estimation techniques. The authors find trade variables to be important determinants of growth, especially natural resource abundance and export concentration. In contrast with much of the recent literature, natural resource abundance appears to have a positive effect on growth, whereas export concentration hampers growth, even after controlling for physical and human capital accumulation, among other factors.en-USCC BY 3.0 IGOAGRICULTURECAPITAL ACCUMULATIONCAPITAL MARKETSCOMPARATIVE ADVANTAGECOMPETITIVENESSCONVENTIONAL WISDOMCONVERGENCE DEBATECOUNTRY SPECIFICCOUNTRY-SPECIFIC EFFECTSCROSS- SECTIONAL DATADATA MODELDATA SETDATA SETSDEBTDEPENDENT VARIABLEDETERMINANTS OF GROWTHDETERMINANTS OF TRADEDEVELOPING COUNTRIESDEVELOPMENT ECONOMICSDYNAMIC PANELECONOMETRICSECONOMIC ACTIVITYECONOMIC CONCENTRATIONECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMIC REFORMECONOMIC RESEARCHECONOMIC REVIEWECONOMIC STUDIESECONOMICS RESEARCHECONOMIES OF SCALEECONOMISTSEMPIRICAL WORKEMPLOYMENTEMPLOYMENT EQUATIONSENDOGENOUS VARIABLESESTIMATION TECHNIQUESEXCHANGE RATEEXPLANATORY VARIABLESEXPORTSFACTOR ACCUMULATIONFACTOR ENDOWMENTSFACTORS OF PRODUCTIONFINANCIAL DEVELOPMENTFIXED EFFECTSFORECASTSFORESTRYGDPGDP PER CAPITAGROWTH CONTEXTGROWTH DATAGROWTH EMPIRICSGROWTH LITERATUREGROWTH MODELSGROWTH PERFORMANCEGROWTH RATESGROWTH REGRESSIONSGROWTH THEORYHETEROSKEDASTICITYHIGH GROWTHHIGH INFLATIONHUMAN CAPITALIMPORTSINCOMEINCOME LEVELSINCOME PER CAPITAINCREASING RETURNSINTERNATIONAL TRADEKNOWLEDGE ECONOMYLABOR FORCELAGGED DEPENDENTLAGGED LEVELSLAGGED VALUESLANDLOCKED COUNTRIESLDCSLOG INCOMELONG RUNLONG-RUN GROWTHMACRO POLICIESMACRO STABILITYMACROECONOMIC FACTORSMACROECONOMICSMEASUREMENT ERRORMONETARY ECONOMICSMONOPOLISTIC COMPETITIONNATURAL RESOURCE ABUNDANCENATURAL RESOURCESNEGATIVE CORRELATIONNEGATIVE EFFECTNEGATIVE IMPACTNEGATIVE RELATIONSHIPNEOCLASSICAL THEORYNET EXPORTSPOLICY INDICATORSPOLICY RESEARCHPOLITICAL ECONOMYPOSITIVE EFFECTPOSITIVE IMPACTPOSITIVE RELATIONSHIPPRODUCT DIFFERENTIATIONPRODUCTIVITYPRODUCTIVITY GROWTHRANDOM WALKREGRESSION TECHNIQUESRESEARCH AGENDARESOURCE ENDOWMENTSSENSITIVITY ANALYSISSERIAL CORRELATIONSIGNIFICANCE LEVELSIGNIFICANT IMPACTSTANDARD DEVIATIONTERMS OF TRADETOTAL FACTOR PRODUCTIVITYTOTAL FACTOR PRODUCTIVITY GROWTHTRADE OPENNESSTRADE POLICYUNDERDEVELOPED COUNTRIESWEALTHWORLD CONSUMPTION TRADE STRUCTUREECONOMIC GROWTHNATURAL RESOURCE DEVELOPMENTEXPORTSTRADEHUMAN CAPITALFINANCIAL DEVELOPMENTPRODUCTIVITY GROWTHDEVELOPING COUNTRIESRAW MATERIALSECONOMIC CONCENTRATIONENDOGENOUS VARIABLESMACROECONOMICSWORLD CONSUMPTIONTRADE STRUCTURE10.1596/1813-9450-3025