International Trade and Economic Growth

International Trade and Economic Growth
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Van den Berg (economics, U. of Nebraska-Lincoln) and Lewer (banking, West Texas A&M U.) believe that economists can make a better case for free trade if they go beyond static models trade such as the Heckscher- Ohlin model to dynamic models that link international trade and economic growth over time. They offer this text as a beginning effort analyzing trade in terms of the Solow growth model and the process of creative destruction and presenting arguments on how trade influences technological progress and the growth of physical and human capital stock. Annotation 穢2007 Book News, Inc., Portland, OR (booknews.com)
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