Openness and growth: what have we learned?

Francisco Rodríguez

Working Papers from United Nations, Department of Economics and Social Affairs

Abstract: This paper discusses recent evidence regarding the existence of a cross-country empirical relationship between openness to international trade and economic growth. I discuss the empirical contributions of Warner (2003), Dollar and Kraay (2002), and Wacziarg and Welch (2003), and argue that these studies fail to convincingly establish a positive link between trade and growth. I also discuss the 1990-03 experience and show that growth does not display a significant correlation with any measure of trade openness over this period.

Keywords: economic growth; openness; trade policy. cross-country growth regressions (search for similar items in EconPapers)
JEL-codes: O11 O19 O47 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2007-08
New Economics Papers: this item is included in nep-dev
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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http://www.un.org/esa/desa/papers/2007/wp51_2007.pdf (application/pdf)

Related works:
Working Paper: Openness and Growth: What Have We Learned? (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:une:wpaper:51

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