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, greater openness of the economy, and macroeconomic stability are indispensable. …
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Evaluation of long run relationship of the openness policy and Pakistan's economic growth is the prime objective of the … variables which show a broader sense of openness. The result of our study shows that there is a long run relationship between … openness and economic growth with reference of Pakistan. Further, the study proofs the Export Led Growth hypothesis in case of …
Persistent link: https://www.econbiz.de/10011938324
in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the …
Persistent link: https://www.econbiz.de/10010262079
This paper investigates the impact of openness to trade and higher levels of human capital on the economies of some … MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use … show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level …
Persistent link: https://www.econbiz.de/10010262187
The question whether international openness causes higher domestic growth has been subject to intense discussions in …s and the lower international openness of East Germany are linked. We address the endogeneity of openness by adapting … the methodology proposed by Frankel and Romer (1999) in a panel framework. We instrument openness with time …
Persistent link: https://www.econbiz.de/10010262870
In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments … we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the … with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa. …
Persistent link: https://www.econbiz.de/10010265984
This paper examines the relative contribution of openness and the R&D content of trade to TFP growth for North … imposes identical contributions of openness and the R&D content of trade to TFP. We allow these contributions to differ and … show that openness has a greater impact on TFP growth than R&D. These results imply that the impact of openness on TFP in …
Persistent link: https://www.econbiz.de/10010268715