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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 …, broaden this standard approach and analyse not only economic aspect of openness but also socio-political aspect. In our …
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An extensive empirical literature indicates that, even without formal intellectual property rights, innovators enjoy a variety of first-mover advantages and that `imitation' is itself a costly activity. There is also accumulating evidence that an `open' approach to knowledge production can...
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The theoretical linkages between openness and long-run economic growth are established with the development of new … growth theories. In this literature, it has been shown that openness affects economic growth through a number of channels and … theoretical models on the subject are very sophisticated and provide useful insights into the linkages between openness and growth …
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openness and natural resource rent. As such, we extend the determinants of dollarization to capture these variables. A dataset … to the increasing rate of dollarization. Specifically, it was found that trade openness and financial liberalization are …
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