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The impact of international trade, or “openness”, on economic growth is difficult to quantify because of reverse causality. In this paper, I use recent advances in gravity equation estima- tion to generate a geography-based instrument for openness a la Frankel and Romer (1999). In contrast...
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This publication brings together two reference works by Angus Maddison: The World Economy: A Millennial Perspective …, first published in 2001 and The World Economy: Historical Statistics, published in 2003. This new edition contains Statlinks …, a service providing access to the underlying data in Excel® format. These two volumes bring together estimates of world …
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