http://worldcat.org/entity/work/id/26464880

Growth gains from trade and education

This paper addresses the joint effect of international trade and education on economic growth. In particular, we examine the effects that general human capital, acquired through education, have on the mobility of workers in outward-oriented developing countries. Education increases the workers' ability to adapt and move to new jobs, which, combined with international trade, permits workers to specialize in economic activities in sectors with higher rates of technological progress. In contrast, under autarky or in the absence of general human capital, an economy will not specialize in the production of a good that undergoes the fastest technology advance.

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