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show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level … MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use …, of the level of human capital on the level of income but no effect on underlying productivity growth. Our preferred …
Persistent link: https://www.econbiz.de/10010262187
The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in … economic research in the past 20 years. The positive or negative growth effects of a country´s regulatory framework are …. Therefore, the two potential determinants to growth might be interlinked. So far there is very little empirical evidence on the …
Persistent link: https://www.econbiz.de/10011301335
This paper investigates the influence of international openness on economic growth in a sample of 32 European economies …. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however … openness. Our research, in general, shows that openness is an important determinant of growth in a set of investigated …
Persistent link: https://www.econbiz.de/10011310256
in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the … existing cross-country empirical evidence on the effects of inequality on growth and the extent to which the poorest in society … benefit from economic growth. The linkage between growth, redistribution and poverty is also analysed. In the review of …
Persistent link: https://www.econbiz.de/10010262079
The question whether international openness causes higher domestic growth has been subject to intense discussions in … the empirical growth literature. This paper addresses this issue using the fall of the Berlin wall in 1990 as a natural …s and the lower international openness of East Germany are linked. We address the endogeneity of openness by adapting …
Persistent link: https://www.econbiz.de/10010262870
Many theoretical models show that trade openness has positive welfare implications. Yet, openness might affect … question whether trade openness affects within-country income differentials. In Italy, the more affluent regions are … migration. Prima facie, there is a positive correlation between openness and per capita income. Studying this relationship …
Persistent link: https://www.econbiz.de/10010269721
Mauritian growth experience since the mid-1970s. We show that arguments based on openness to trade and FDI are either misleading …This paper examines different explanations - initial conditions, openness to trade and FDI, and institutions - of the … or incomplete. Even when correctly articulated, openness appears to be a proximate rather than an underlying explanation …
Persistent link: https://www.econbiz.de/10010273472
Since Adam Smith, most economists have held the belief that trade fosters economic growth, although it has not been … possible to establish a strong causal relationship. The results of growth regressions are, at best, mixed, and several … historical studies have found a positive relationship between tariffs and economic growth in the nineteenth century. This paper …
Persistent link: https://www.econbiz.de/10012669468
While trade integration is often regarded as a principal determinant of economic growth, the empirical evidence for a … causal linkage between trade and growth is ambiguous. This paper argues that the effect of trade in dynamic panel estimations … highly significant impact on economic growth can be found. …
Persistent link: https://www.econbiz.de/10010308829
This paper investigates the relationship between trade policy and growth using a dynamic panel regression model with … specification for growth thus includes as an explanatory variable an interaction term between trade barriers and initial income … which the marginal impact of tariffs on growth is declining in initial income. In particular, for low-income countries …
Persistent link: https://www.econbiz.de/10010319086