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This study assesses the impact of trade openness on economic growth among ECOWAS countries using secondary data from 1975 to 2017. The study uses non-stationary heterogeneous dynamic panel models through the application of Pooled Mean Group (PMG) and Mean Group (MG) estimators since time...
Persistent link: https://www.econbiz.de/10012178355
) techniques. Our results show that the number of products positively affects intra- and extra-regional exports. Moreover, the …
Persistent link: https://www.econbiz.de/10013348402
The pre-eminence of trade and investment in the economic prosperity of developed and developing countries cannot be overemphasized. Many studies have shown a strong positive impact of trade on economic growth across developed and the emerging market. However, very little is known about the...
Persistent link: https://www.econbiz.de/10012023952
This study investigates the effects of exports on income per capita using a panel data set of 150 countries from 1990 … to 2012. We have found that exports have differing effects on income distribution depending on different phases of … economic development. As exports (measured as the percent of gross domestic product (GDP)) increase by a one percentage point …
Persistent link: https://www.econbiz.de/10014331922
Purpose Personal remittance and ready-made garments (RMG) export incomes have emerged as the largest source of foreign income for Bangladesh's economy. The study investigates their impact on income inequality and gross domestic product (GDP) as a control variable, using time-series yearly data...
Persistent link: https://www.econbiz.de/10014528040
for economic growth. The authors developed an indicator of income level linked to the country’s exports they called EXPY …
Persistent link: https://www.econbiz.de/10011305993
While the financial crisis of 2008-2009 led to the great collapse of international trade, the European debt crisis in 2010-2013 did not have such a drastic impact on trade. The collapse has been studied a lot in recent empirical literature, but the European debt crisis has not been investigated...
Persistent link: https://www.econbiz.de/10011504500
growth. Except for the use of exports to measure trade openness, using openness index and imports to proxy for trade openness …, more openness, exports and imports lead to increased economic growth. This implies that a significant proportion of … economic growth in Uganda has been due to short-run increase in the country's openness, more exports and imports. This paper …
Persistent link: https://www.econbiz.de/10013184444
The study seeks to foster fresh empirical evidence on how FDI is relevant to the foreign trade growth in India under a time-varying parameter model with vector autoregres-sive specification. The Johansen's cointegration test documents a significant and posi-tive long-run co-movement between FDI...
Persistent link: https://www.econbiz.de/10012256313
constraint to the Brazilian economic growth, given: (i) the ratio between exports and imports income elasticities; (ii) the low … sensitivity of exports to changes in the real exchange rate; and (iii) the evidence that exports are more sensitive to alterations …
Persistent link: https://www.econbiz.de/10011866762