BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 15.1//EN BEGIN:VTIMEZONE TZID:Eastern Standard Time BEGIN:STANDARD DTSTART:20251102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Eastern Standard Time TZOFFSETFROM:-0400 TZOFFSETTO:-0500 END:STANDARD BEGIN:DAYLIGHT DTSTART:20250301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Eastern Daylight Time TZOFFSETFROM:-0500 TZOFFSETTO:-0400 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:Daniel Lederman Lead Economist in the World Bank's Internationa l Trade Department Trade Causes Growth in Sub-Saharan Africa Authors: Mark us Brückner and Daniel Lederman In the 1990s the mainstream consensus was that trade causes growth. Subsequent research shed doubt on the consensus view\, as evidence suggested that the identification of the effect of trad e on growth was problematic in the existing literature. This paper contrib utes to this debate by focusing on growth in Sub-Saharan Africa. It estima tes the effect of openness to international trade on economic growth with panel data. Employing instrumental variables techniques that correct for e ndogeneity bias\, the empirical evidence suggests that within-country vari ations in trade openness cause economic growth: a one percentage point inc rease in the ratio of trade over GDP is associated with a short-run increa se in growth of approximately 0.5 percent per year\; the long-run effect i s larger\, reaching about 0.8 percent after ten years. These results are r obust to controlling for country and time fixed effects as well as politic al institutions. Speaker: Daniel Lederman is a Lead Economist in the World Bank's International Trade Department\, which is part of the Poverty Redu ction and Economic Management Network. During September 2005 - April 2011 he was a Senior Economist in the World Bank's Development Research Group\, specializing in International Trade and Integration. Daniel joined the Wo rld Bank on November 1995 as a Consultant in the Office of the Chief Econo mist for Latin America and the Caribbean and was a Senior Economist when h e moved to the Research Group in 2005. Prior to joining the World Bank\, D aniel was a Junior Economist with the United Nations Economic Commission f or Latin America and the Caribbean (ECLAC). Daniel received an M.A. and a PhD in International Relations from the Johns Hopkins University School of Advanced International Studies (SAIS) and a B.A. in Political Science fro m Yale University. His work has been published in highly ranked economics journals such as the American Economic Review\, the European Economic Revi ew etc. DTEND:20120416T210000Z DTSTAMP:20260511T205743Z DTSTART:20120416T200000Z LOCATION: SEQUENCE:0 SUMMARY:Trade Development and Political Economy present: Daniel Lederman UID:RFCALITEM639141154636066308 X-ALT-DESC;FMTTYPE=text/html:Daniel Lederman Lead Economist in the World Ba nk's International Trade Department Trade Causes Growth in Sub-Saharan Afr ica Authors: Markus Brückner and Daniel Lederman In the 1990s the mainstre am consensus was that trade causes growth. Subsequent research shed doubt on the consensus view\, as evidence suggested that the identification of t he effect of trade on growth was problematic in the existing literature. T his paper contributes to this debate by focusing on growth in Sub-Saharan Africa. It estimates the effect of openness to international trade on econ omic growth with panel data. Employing instrumental variables techniques t hat correct for endogeneity bias\, the empirical evidence suggests that wi thin-country variations in trade openness cause economic growth: a one per centage point increase in the ratio of trade over GDP is associated with a short-run increase in growth of approximately 0.5 percent per year\; the long-run effect is larger\, reaching about 0.8 percent after ten years. Th ese results are robust to controlling for country and time fixed effects a s well as political institutions. Speaker: Daniel Lederman is a Lead Econo mist in the World Bank's International Trade Department\, which is part of the Poverty Reduction and Economic Management Network. During September 2 005 - April 2011 he was a Senior Economist in the World Bank's Development Research Group\, specializing in International Trade and Integration. Dan iel joined the World Bank on November 1995 as a Consultant in the Office o f the Chief Economist for Latin America and the Caribbean and was a Senior Economist when he moved to the Research Group in 2005. Prior to joining t he World Bank\, Daniel was a Junior Economist with the United Nations Econ omic Commission for Latin America and the Caribbean (ECLAC). Daniel receiv ed an M.A. and a PhD in International Relations from the Johns Hopkins Uni versity School of Advanced International Studies (SAIS) and a B.A. in Poli tical Science from Yale University. His work has been published in highly ranked economics journals such as the American Economic Review\, the Europ ean Economic Review etc.
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