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This paper analyses the impact of the reduction of tariff and non-tariff barriers on the trade balance and the current account of the balance of payments of 22 selected developing countries from Africa, Latin America, East Asia, and South Asia. The study presents estimates of dynamic panel data...
Persistent link: https://www.econbiz.de/10001689534
developing countries. It is expected that trade liberalisation would promote economic growth from the supply side by leading to a … national boundaries. Trade liberalisation could lead to faster import growth than export growth and hence the supply side …-series and cross-section dimension) to estimate the effect of trade liberalisation and growth on trade balance while controlling …
Persistent link: https://www.econbiz.de/10014070258
of import growth. Additionally, the results indicate that import duties reduce import growth, but the effect varies … of trade policy distortions has a strong, positive impact on import growth. Lastly, it is found that income and price … elasticities are higher as a result of trade policy reform. -- trade liberalisation ; import growth ; dynamic panel data ; time …
Persistent link: https://www.econbiz.de/10001646568
Persistent link: https://www.econbiz.de/10013369326
According to the Washington Consensus, developing countries’ growth would benefit from reductions in barriers to trade … intermediate goods, did lead to faster growth in a manner consistent with theory. …
Persistent link: https://www.econbiz.de/10011294505
Kaldor's first law of growth posits a positive causal relation between the growth of manufacturing output and the … growth of GDP due to static and dynamic returns to scale in manufacturing and rising productivity outside the manufacturing … growth is open to another interpretation because it is apparent across countries that there is a close association between …
Persistent link: https://www.econbiz.de/10009781926
This paper contributes to the literature on foreign direct investment (FDI) and economic growth in two main ways. First …, we examine the effect of FDI on economic growth for 44 developing countries over the period 1970 to 2005 using … studies, we find that FDI has, on average, a negative effect on growth in developing countries, but that there are large cross …
Persistent link: https://www.econbiz.de/10010286643
This paper contributes to the literature on foreign direct investment (FDI) and economic growth in two main ways. First …, we examine the effect of FDI on economic growth for 44 developing countries over the period 1970 to 2005 using … studies, we find that FDI has, on average, a negative effect on growth in developing countries, but that there are large cross …
Persistent link: https://www.econbiz.de/10008727523
trade liberalisation on economic growth, investment share of GDP, openness, trade balance and current accounts (as … economic growth measured in PPP terms from the data available in Heston, Summers and Aten (2001) study. Domestic economic … growth is often positively related to liberalisation for many countries of our sample. Next we analyse the impact of growth …
Persistent link: https://www.econbiz.de/10014070597
severity for trade and economic growth. This process is crucial to prioritize trade reforms and to guide aid-for-trade resource …. We look at the growth impact of both exports and imports (and at the binding constraints they face) for all countries …
Persistent link: https://www.econbiz.de/10013127866