Openness and Growth in Central Eastern European Countries
Rosa Capolupo () and
Giuseppe Celi
Economia Internazionale / International Economics, 2005, vol. 58, issue 2, 141-165
Abstract:
We present evidence of the relationship between trade-openness and growth in the sample of former communist countries before and after the transition from a central planned economy (CPE) to a market economy by applying standard OLS and panel estimation techniques. The main finding is that during the transition the importance of openness on growth per capita has increased sharply by changing the coefficient from a negative sign to a positive and significant one. The result seems to be robust to (i) estimation methods , (ii) different measures of openness adopted and (iii)consistent with the integration view, which states that a higher degree of trade openness spurred by market incentives and comparative advantages enhances the per capita growth rate of economies.
Keywords: Economic growth; transition economies; trade openness (search for similar items in EconPapers)
JEL-codes: G30 O42 O47 (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
http://www.iei1946.it/RePEc/ccg/CAPOLUPO_CELI%20%20141_165.pdf Full text (application/pdf)
Related works:
Working Paper: Openness and Growth in Central-Eastern European Countries (2005) 
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:ris:ecoint:0109
Access Statistics for this article
Economia Internazionale / International Economics is currently edited by Giovanni Battista Pittaluga
More articles in Economia Internazionale / International Economics from Camera di Commercio Industria Artigianato Agricoltura di Genova Via Garibaldi 4, 16124 Genova, Italy. Contact information at EDIRC.
Bibliographic data for series maintained by Angela Procopio ().