Gries, Thomas; Redlin, Margarete - Department Volkswirtschaftslehre, Fachbereich für … - 2012
This paper examines the short-term and long-run dynamics between per capita GDP growth and openness for 158 countries … between openness and growth by including only growth rates and lagged values of the independent variable. Additionally, we … the lagged endogenous variable and the error term. The results suggest a long-run relationship between openness and …