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that the relation between openness and growth is not a simple one. Using standard trade theory, we find that Mexico has …Following its opening to trade and foreign investment in the mid-1980s, Mexico's economic growth has been modest at … best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude …
Persistent link: https://www.econbiz.de/10012462077
diverse interpretations. In many cases, the indicators of openness' used by researchers are poor measures of trade barriers or … link between trade policy and growth have serious shortcomings. Papers that we review include Dollar (1992), Ben … tariff and non-tariff barriers to trade--are significantly associated with economic growth …
Persistent link: https://www.econbiz.de/10012471715
Despite the major advances in information technology that have shaped the recent wave of globalization, openness to … militarism according to these measures have had lower growth in trade. Focusing on bilateral trade flows, we also show that … controlling flexibly for country trends, a pair of countries jointly experiencing greater increases in militarism has lower growth …
Persistent link: https://www.econbiz.de/10012462958
, institutions and growth. Drawing on cross-sectional as well as panel data, it presents new empirical results showing that the form … opposed to majoritarian) and permanent (as opposed to temporary) democracy appear to produce the most growth …
Persistent link: https://www.econbiz.de/10012467514
Rodriguez and Rodrik (2000) argue that the relation between openness and growth is still an open question. One of the … paper applies the identification through heteroskedasticity methodology to estimate the effect of openness on growth while … properly controlling for the effect of growth on openness. The results suggest that openness would have a positive effect on …
Persistent link: https://www.econbiz.de/10012467941
international trade and economic growth. The paper highlights the basic approaches to the trade and growth question that the … literature has adopted. The case is made that more attention needs to be paid to the mechanisms by which trade impacts growth and …
Persistent link: https://www.econbiz.de/10012468449
version of their dichotomous trade policy openness indicator does not enter significantly in growth regressions for the 1990s … liberalization has, on average, robust positive effects on growth, openness and investment rates within countries. We illustrate …This paper revisits the empirical evidence on the relationship between economic integration and economic growth. First …
Persistent link: https://www.econbiz.de/10012468542
, species extinction and industrial pollution were rising. Recently it has been intensified by the creation of the World Trade … purpose of this essay is set out what we currently know about the environmental consequences of economic growth and … relationship between international trade, economic growth and the environment? How can this evidence help us evaluate ongoing …
Persistent link: https://www.econbiz.de/10012468875
negative effect through reduced openness vis-…-vis the rest of the world. We estimate the growth effects that would have …This paper presents a framework to understand and measure the effects of political borders on economic growth and per … borders on growth. In our model, political integration between two countries results in a positive country size effect and a …
Persistent link: https://www.econbiz.de/10012469486
This paper uses a new database to establish a key finding: high tariffs were associated with fast growth before World …'t help growth, but it would have helped growth in a world where average trading partners' tariffs were moderately higher. The … War II, while associated with slow growth thereafter. The paper offers some explanations for the sign switch by …
Persistent link: https://www.econbiz.de/10012469529