Date of this Version
Journal of Development Economics
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.
© 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/
productivity, openness, trade policy, growth
Harrison, A. E. (1996). Openness and Growth: A Time-Series, Cross-Country Analysis for Developing Countries. Journal of Development Economics, 48 (2), 419-447. http://dx.doi.org/10.1016/0304-3878(95)00042-9
Date Posted: 27 November 2017
This document has been peer reviewed.