Malesevic-Perovic, Lena; Simic, Vladimir; Mustra, Vinko - In: International journal of economic sciences and applied … 6 (2013) 3, pp. 35-59
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 … empirical analysis we use the TSLS (two stage least squares) estimator, whereby in the first step we use the standard growth …