Once Again, is Openness Good for Growth?

Ha Yan Lee, Luca Ricci and Roberto Rigobon

No 10749, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Rodriguez and Rodrik (2000) argue that the relation between openness and growth is still an open question. One of the main problems in the assessment of the effect is the endogeneity of the relation. In order to address this issue, this paper applies the identification through heteroskedasticity methodology to estimate the effect of openness on growth while properly controlling for the effect of growth on openness. The results suggest that openness would have a positive effect on growth, although small. This result stands, despite the equally robust effect from growth to openness.

JEL-codes: C33 F10 F43 O40 (search for similar items in EconPapers)
Date: 2004-09
New Economics Papers: this item is included in nep-dev
Note: EFG IFM ITI
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (128)

Published as Lee, Ha Yan, Luca Antonio Ricci and Roberto Rigobon. "Once Again, Is Openness Good For Growth?," Journal of Development Economics, 2004, v75(2,Dec), 451-472.

Downloads: (external link)
http://www.nber.org/papers/w10749.pdf (application/pdf)

Related works:
Journal Article: Once again, is openness good for growth? (2004)
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:nbr:nberwo:10749

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w10749

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().