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The purpose of this paper is to review the empirical literature on the relationship between international trade and economic growth. Case studies as well as econometrical works point to a positive impact of trade on growth, although they have shortcomings. Case studies are difficult to...
Persistent link: https://www.econbiz.de/10005819455
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Should policymakers still be concerned about economic growth in trading partners? Have developing and emerging market countries decoupled from the US enough to grow despite significant recession in the US? Using VAR models, this paper addresses these questions for Nigeria in the context of the...
Persistent link: https://www.econbiz.de/10008559275
Although the economic growth literature has come a long way since the Solow-Swan model of the fifties, there is still considerable debate on the "real' or "deep" determinants of growth. This paper revisits the question of what is really important for strong long-term growth by using a Binary...
Persistent link: https://www.econbiz.de/10005769275
This study analyses the contribution of international trade to the economic growth of Kazakhstan, examines relationships between the structure of international trade and the national economic growth, and considers the compatibility of international trade (globalisation) with regional economic...
Persistent link: https://www.econbiz.de/10008539566
This report represents a preliminary attempt to refine some basic ideas on the potential impact Indonesia might experience from a free trade arrangement with Japan, using a forward-looking, multi-regional, multi-sectoral applied general equilibrium model of global trade to capture growth effects...
Persistent link: https://www.econbiz.de/10005744759
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This 2004 Article IV Consultation highlights that the Libyan economy remains largely state controlled and heavily dependent on the oil sector. Since the lifting of the Libya-specific trade sanctions of the United Nation and United States in September 2003 and September 2004, respectively, the...
Persistent link: https://www.econbiz.de/10005591207
Studies of the impact of trade openness on growth are based either on cross-country analysis-which lacks transparency-or case studies-which lack statistical rigor. We apply transparent econometric methods drawn from the treatment evaluation literature to make the comparison between treated...
Persistent link: https://www.econbiz.de/10005605412
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