countries from 1983 to 2006, we analyze the role of economic and financial openness as well as tax competition while allowing … for dynamic adjustment to shocks and period-specific as well as country-specific effects. While openness does not seem to …

In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments … we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the … with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa. …

This paper examines the relative contribution of openness and the R&D content of trade to TFP growth for North … imposes identical contributions of openness and the R&D content of trade to TFP. We allow these contributions to differ and … show that openness has a greater impact on TFP growth than R&D. These results imply that the impact of openness on TFP in …

Many theoretical models show that trade openness has positive welfare implications. Yet, openness might affect … question whether trade openness affects within-country income differentials. In Italy, the more affluent regions are … migration. Prima facie, there is a positive correlation between openness and per capita income. Studying this relationship …

This paper examines different explanations - initial conditions, openness to trade and FDI, and institutions - of the … Mauritian growth experience since the mid-1970s. We show that arguments based on openness to trade and FDI are either misleading … or incomplete. Even when correctly articulated, openness appears to be a proximate rather than an underlying explanation …

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and … level to construct an instrument for multilateral openness that varies across countries and time. The instrument can be used …' performances as well as for the direct effect of disasters. We find that the elasticity of income with respect to openness is about …

in countries with worse institutions or that lack trade and financial openness. …