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-country statistical studies that openness is associated with higher growth rates. Rodriguez and Rodrik show that openness simply in the … economic growth interact, despite a number of multi-country case studies utilizing comparable analytical frameworks, numerous … econometric studies using large cross-country data sets, and important theoretical advances in growth theory. This paper briefly …
Persistent link: https://www.econbiz.de/10012469121
We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average area 560 square kilometers. We first document that nearly half of the variation can be explained by a parsimonious set of physical geography attributes. A full set of country...
Persistent link: https://www.econbiz.de/10012456530
the typical country in the world, new imported varieties account for 15 percent of its productivity growth. These effects …Starting with Romer [1987] and Rivera-Batiz-Romer [1991] economists have been able to model how trade enhances growth … that aggregates these micro gains to obtain an estimate of trade on productivity growth for each country. We find that in …
Persistent link: https://www.econbiz.de/10012466154
array of openness measures play a major role in the successful growth performance of the Asia-Pacific region, a key channel …This paper examines the relationship between openness, trade, and migration in the Asia-Pacific region during the post …-1970 period. Conventional reduced-form empirical-growth specifications are augmented by an appeal to structural modelling …
Persistent link: https://www.econbiz.de/10012473599
productivity growth. It is found that countries that are more open to the rest of the world have experienced faster growth in total …
Persistent link: https://www.econbiz.de/10012474434
Do trade reforms that significantly reduce import barriers lead to faster economic growth? In the two decades since … recent work on this issue: cross-country regressions focusing on within-country growth, synthetic control methods on specific … productivity. A consistent finding is that trade reforms have a positive impact on economic growth, on average, although the effect …
Persistent link: https://www.econbiz.de/10012479877
This paper deals with the role of trade regimes in determining economic performance and growth in the developing … countries. The policy and empirical literatures on trade orientation and economic growth are critically reviewed; it is argued …; (ii) continuous and (iii) comparable across countries. A growth model that relates trade orientation to the ability to …
Persistent link: https://www.econbiz.de/10012476146
numerous empirical studies that claim to have found a positive effect of openness on growth. Two issues have been at the core … things given, TFP growth is faster in more open economies. The regressions reported here are robust to the use of openness … controversy continues today, even as the world is experiencing an unprecedented period of trade liberalization, and in spite of …
Persistent link: https://www.econbiz.de/10012472843
We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model. A … countries. Our simulations suggest that R&D, R&D spillovers, and trade play important roles in boosting growth in industrial and …
Persistent link: https://www.econbiz.de/10012473217
Countries' geographic characteristics have important effects on their trade, and are plausibly uncorrelated with other determinants of their incomes. This paper therefore constructs measures of the geographic component of countries' trade and uses those measures to obtain instrumental variables...
Persistent link: https://www.econbiz.de/10012473383