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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 … openness. Our research, in general, shows that openness is an important determinant of growth in a set of investigated …
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This paper revisits the relationship between international trade and economic growth. We measure trade openness indices … in explaining growth gains from trade. Using sectoral level data from WORLD KLEMS Database on industrial productivity and … growth. Openness in terms of final consumer goods turns out to be insignificant in most specifications. We also estimate …
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Economic growth is essential, though not sufficient, for poverty reduction in developing countries. Research based on … contribute to economic growth, and thus can help many poor people escape poverty. However, the domestic environment has to be …
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We study a model where economic growth is fueled by public basic-research investment and the importation of leading … benefits of stimulating growth through both channels. We establish the existence of steady states and the long-run share of … technologically advanced sectors in the economy. Then, we explore how different degrees of openness affect long-term incentives to …
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