Showing 1 - 10 of 1,148
(RTAs)? Based on time-series evidence for a data set for 1950-92, this paper estimates and compares the growth performance …
Persistent link: https://www.econbiz.de/10014400671
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/10014401435
product trade orientation. The growth of EU-oriented output within sectors of industry, ex-post trade, and market … liberalization, is modeled as foreign direct investment induced Schumpeterian (vertical) waves of product innovation. The growth of … explained by the inherited presence of EU-oriented production and its unconstrained growth over the transition period …
Persistent link: https://www.econbiz.de/10014403410
In this paper, we derive evidence on the integration of international stock markets from the cointegration properties … of international stock market prices. Using the multivariate cointegration test of Johansen, we find that the set of six … subgroup analyses also indicate that the cointegration relationships have become stronger over time. This is consistent with …
Persistent link: https://www.econbiz.de/10014395829
Persistent link: https://www.econbiz.de/10009615304
We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America … macroeconomic effects of international trade on economic growth and inequality considering the strength of trade connections as well … liberalization to extract general lessons on the impact of trade liberalization on economic growth and its structure and inequality …
Persistent link: https://www.econbiz.de/10011716658
Studies of the impact of trade openness on growth are based either on cross-country analysis-which lacks transparency … of openness on growth. Second, we apply synthetic control methods-which account for endogeneity due to unobservable … on growth …
Persistent link: https://www.econbiz.de/10014399975
the last decade and a half This paper identifies the sources of economic growth in China from 1953 to 1994. While capital … accumulation played an important role in China’s economic growth throughout the period, it is basically the sharp and sustained … increase in productivity that accounts for the unprecedented economic growth observed during the reform period. The …
Persistent link: https://www.econbiz.de/10014398095
This paper estimates the effects of trade liberalization on plant productivity. In contrast to previous studies, we distinguish between productivity gains arising from lower tariffs on final goods relative to lower tariffs on intermediate inputs. Lower output tariffs can produce productivity...
Persistent link: https://www.econbiz.de/10014400616
This paper examines the mechanisms through which output volatility is related to trade openness using an industry-level panel dataset of manufacturing production and trade. The main results are threefold. First, sectors more open to international trade are more volatile. Second, trade is...
Persistent link: https://www.econbiz.de/10014401281