Openness and Growth: A Time-Series, Cross-Country Analysis for Developing Countries

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Management Papers
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productivity
openness
trade policy
growth
Business Administration, Management, and Operations
International Business
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Harrison, Ann E
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This paper draws together a variety of openness measures to test the association between openness and growth. Although the correlation across different types of openness is not always strong, there is generally a positive association between growth and different measures of openness. The strength of the association depends on whether the specification uses cross-section or panel data (which combines cross-section and time series). For industrializing countries, which have exhibited significant fluctuations in trade regimes over time, long-run averages may not serve as very meaningful indicators of policy.

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1996-03-01
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Journal of Development Economics
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