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Developing countries, of which Ghana is no exception have actively engaged in trade openness after independence, yet … examines the impact of trade openness on economic growth of Ghana for the period 1984-2018 taken into consideration the role … quality of institutions play. The results from the autoregressive distributed lag model (ARDL) reveal that, both trade …
Persistent link: https://www.econbiz.de/10013179542
This paper investigates the impact of trade openness on economic growth and development for a sample of 85 middle … trade openness has been one of the main drivers of the level of development, but not of economic growth in middle income … countries. Secondly, that trade openness is both a cause and a consequence of the level of development in middle …
Persistent link: https://www.econbiz.de/10013097488
The objective of this research is to find the long-run association among financial liberalization, international trade … mechanism is employed to analyze the objective of our study. The empirical result shows that both trade liberalization and …
Persistent link: https://www.econbiz.de/10013116232
The objective of this study is to investigate the relationships between tourism development and economic growth in developing countries using the newly developed heterogeneous panel co-integration technique. This study examines the causal relationship between tourism development and economic...
Persistent link: https://www.econbiz.de/10013113743
. This paper discusses two unfavourable scenarios – negative terms of trade shock due to the decline in cotton, gas and gold …
Persistent link: https://www.econbiz.de/10013044489
This paper introduces an approach which indicates if the economic system has a process of economic growth, development or underdevelopment. The approach is applied to measure the dynamics of economic growth and spatial disequilibrium between regions of a economic system in Europe
Persistent link: https://www.econbiz.de/10012930620
capita rises, ii) international trade becomes more relevant for the nation, and iii) national production shifts to …
Persistent link: https://www.econbiz.de/10011750132
In this paper we examined the impact of the liberalization of financial sector on growth in small open economy of Ghana using time series data from 1970 to 2007. Using autoregressive distributed lag (ARDL) modelling approach we find long-run positive and significant impact of financial...
Persistent link: https://www.econbiz.de/10014210241
In the era of globalization, the world trade is growing faster than production. Countries are opening up to the global … market and they are liberalizing trade. The result is accelerated growth in exports and imports, with exports increasingly … (further in text: BiH), has a small market and is a minor player in international trade. It has no clear long-term economic …
Persistent link: https://www.econbiz.de/10012828672
This study examined the impact of financial liberalization and trade openness as well as their interactive effects on … influence on real GDP in Nigeria while trade openness, as well as its interaction with financial development, do not exert any … significant impact on economic growth in Nigeria. Further, this study supports the demand-following and trade-led growth …
Persistent link: https://www.econbiz.de/10014264014