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Even though the impacts of the globalization on economic growth and structural changes are inevitable, many developing …-run relationship in sectoral growth. The empirical investigations revealed an existence of unidirectional causality toward agricultural … effect of Gregory-Hansen co-integration affirmed a long-run nexus in agricultural growth positively with industrial and …
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This paper investigates the influence of international openness on economic growth in a sample of 32 European economies …. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however … empirical analysis we use the TSLS (two stage least squares) estimator, whereby in the first step we use the standard growth …
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