Thennakoon, Jayanthi; Dissanayake, Jagath - In: Cogent economics & finance 3 (2015) 1, pp. 1-9
The positive association between trade openness and income has been debated over years due to serious estimation flaws prevailing in the cross-country empirical trade literature. The present paper contributes to this debate by re-examining the long-run relationship between trade openness and...