The Impact of Digitalization and Trade Openness on Economic Growth: New Evidence from Richest Asian Countries

Sayef Bakari, Malek El Weriemmi and Mohamed Mabrouki

MPRA Paper from University Library of Munich, Germany

Abstract: The aim of this investigation is to check the impact of digitalization and trade openness on economic growth for top ten richest Asian countries. Static Gravity Model and Generalized Method of Moments Model were estimated. We found that digitalization and trade openness have a significant positive effect on economic growth. These results prove that trade openness and digitalization is a source of economic growth for richest Asian countries. Due to the magnitude of the positive externalities attached to the trade openness and digitalization, in terms of technology transfer bias, financial capacities, economic policies, human expertise, plenty of natural resources, large markets size, and spillover effect added to the domestic capacities and the national investment, the pace of the phenomenal economic performance of the Asian economies is very well marked.

Keywords: Digitalization; Trade Openness; Economic Growth; Richest Asian Countries. (search for similar items in EconPapers)
JEL-codes: E22 F10 F11 F13 F14 O16 O33 O47 O53 (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-gro, nep-int, nep-knm and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:113816

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