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The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in … economic research in the past 20 years. The positive or negative growth effects of a countryś regulatory framework are …. Therefore, the two potential determinants to growth might be interlinked. So far there is very little empirical evidence on the …
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This paper revisits the relationship between international trade and economic growth. We measure trade openness indices … growth. Openness in terms of final consumer goods turns out to be insignificant in most specifications. We also estimate … traditional cross country growth regressions where we use trade data to construct the two trade openness indices for 174 countries …
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This paper studies the pro-poor bias of contemporary trade policy in India by estimating the household welfare effects of eliminating the current protection structure. The elimination of a pro-poor trade policy is expected to have lower welfare gains or higher welfare loss at the low end of the...
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Poverty-growth elasticities are frequently calculated to provide insight into the inclusiveness of the growth process …. Mathematically, the formula employed to calculate the growth elasticity of poverty leads to lower values for higher initial poverty … and space. Poverty-growth semi-elasticities provide a more robust measure of the responsiveness of poverty to growth. …
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