Openness and economic growth: an empirical investigation

Mohsen Bahmani‐Óskooee · Farhang Niroomand

101 citations0/0 files storedApplied Economics Letters

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Global trade and economics Monetary Policy and Economic Impact Economic Growth and Productivity

Abstract

Unlike previous research that investigated the relation between exports and output, in this paper we assess the long-run relation between the degree of openness and economic growth. For the many countries considered here, we find a positive long-run relation between openness and economic growth.

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References

1987Co-Integration and Error Correction: Representation, Estimation, and Testing 1988Statistical analysis of cointegration vectors 1990MAXIMUM LIKELIHOOD ESTIMATION AND INFERENCE ON COINTEGRATION — WITH APPLICATIONS TO THE DEMAND FOR MONEY 1983On exports and economic growth 1978Exports and economic growth 1992Openness, Trade Liberalization and Growth In Developing Countries 1977Exports and growth 1981Growth and export expansion in developing countries

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2017TRADE OPENNESS AND ECONOMIC GROWTH: A CAUSALITY TEST IN PANEL PERSPECTIVE 2002Further evidence on the Export-Led Growth Hypothesis 2018On the link between financial market inclusion and trade openness: An asymmetric analysis 2019Trade Openness and Economic Growth: Empirical Evidence from Lesotho 2011Openness and growth in emerging Asian economies: Evidence from GMM estimations of a dynamic panel 2019On the Causal Dynamics Between Economic Growth, Trade Openness and Gross Capital Formation: Evidence from BRICS Countries

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