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TRADE BARRIERS, OPENNESS, AND ECONOMIC GROWTH

Jakob Madsen

No 27/08, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: Using a long dataset on openness and productivity this paper tests the influence of openness on TFP growth and per capita growth since 1870 for 16 industrialized countries. It is shown, in simple regressions, that growth is by and large independent of openness. However, once the interaction between openness and foreign knowledge is allowed for, productivity is positively affected by openness.

Keywords: Openness; TFP growth; trade barriers; imports of technology; panel estimates. (search for similar items in EconPapers)
JEL-codes: F13 F14 F32 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2008-09-03
New Economics Papers: this item is included in nep-fdg and nep-int
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Citations: View citations in EconPapers (5)

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Journal Article: Trade Barriers, Openness, and Economic Growth (2009) Downloads
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