Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and … level to construct an instrument for multilateral openness that varies across countries and time. The instrument can be used …' performances as well as for the direct effect of disasters. We find that the elasticity of income with respect to openness is about …

costs of natural disasters: trade openness and income per capita (Chapter 4), and natural disasters, international …

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 …, broaden this standard approach and analyse not only economic aspect of openness but also socio-political aspect. In our …

We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the … period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of … trade openness on income inequality differs across countries. Trade openness tends to disproportionately benefit the …

We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the … period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of … trade openness on income inequality differs across countries. Trade openness tends to disproportionately benefit the …

affected by geophysical disasters; rich more by meteorological events. International openness and democratic institutions …

homogenous for all countries but rather varies according to the development stage and the degree of trade openness. We apply … panel into different income and trade openness groups, a long-run relationship is observed only for high-income countries … and countries with a relatively high degree of trade openness. …