This paper uses panel data for 19 OECD countries and finds support for the hypothesis that a greater degree of product …

of the economy. Using a dynamic panel data model, the hypotheses of no long-run effects of trade on income and on income … extending Frankel and Romer''s (1999) cross-sectional approach to the case of a panel data model. The empirical results indicate …

This paper applies the maximum likelihood panel cointegration method of Larsson and Lyhagen (2007) to test the strong …