Trade Liberalization and the Balance of Payments in Selected Developing Countries

Amelia U. Santos‐Paulino
Authors registered in the RePEc Author Service: Amelia U. Santos-Paulino

Manchester School, 2004, vol. 72, issue 1, 100-118

Abstract: An analysis is made of the impact of the reduction of tariff and non‐tariff barriers on the trade balance and the current account of the balance of payments of 22 developing countries from Africa, Latin America, East Asia and South Asia that have undertaken important trade reforms since the mid‐1970s. The study applies dynamic panel data and time series/cross‐section analysis. The main findings are that liberalization has worsened the balance of trade and the balance of payments, because imports have increased more rapidly than exports. The adverse effect on the trade balance has been nearly 2 per cent of GDP. The impact of liberalization and other variables varies according to the region and type of trade policy regime existing.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (41)

Downloads: (external link)
https://doi.org/10.1111/j.1467-9957.2004.00382.x

Related works:
Working Paper: Trade Liberalisation and the Balance of Payments in Selected Developing Countries (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:manchs:v:72:y:2004:i:1:p:100-118

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1463-6786

Access Statistics for this article

Manchester School is currently edited by Keith Blackburn

More articles in Manchester School from University of Manchester Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().