The effects of autocatalytic trade cycles on economic growth

This paper shows that autocatalytic trade cycles can be a positive feedback system for innovation and thus for economic growth. Using United Nations data, a trade network is proposed and a set of variables that represent the participation of countries in autocatalytic trade cycles is constructed. A...

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Bibliographic Details
Main Authors: Jurriën J. Bakker, Oscar Afonso, Sandra T. Silva
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2014-07-01
Series:Journal of Business Economics and Management
Subjects:
Online Access:https://journals.vgtu.lt/index.php/JBEM/article/view/3028