Management Papers

Document Type

Journal Article

Date of this Version

3-1996

Publication Source

Journal of Development Economics

Volume

48

Issue

2

Start Page

419

Last Page

447

DOI

10.1016/0304-3878(95)00042-9

Abstract

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.

Copyright/Permission Statement

© 1996. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/

Keywords

productivity, openness, trade policy, growth

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Date Posted: 27 November 2017

This document has been peer reviewed.