
S2 Ep14: Does being open to trade help development?
VoxDev Development Economics
00:00
How Trade Affects Welfare in Potentially Distorted Countries?
There are four potential channels in your model, therefore the cost of of trading to affect total facto productivity. The first two her advances in technology and changes in factor terms of trade. Are those the same for all economies, really, whether they are developed or not? And soe we focus much more on the third and fourth channels in the paper.
Transcript
Play full episode