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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/10010290656
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 …
Persistent link: https://www.econbiz.de/10010290691
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
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/10010295419
Persistent link: https://www.econbiz.de/10013369326
countries, trade and the balance of payments, and economic growth, and finds that liberalisation has not delivered the benefits …
Persistent link: https://www.econbiz.de/10010277824
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