Economic openness and economic growth: A cointegration analysis for ASEAN-5 countries
نویسندگان
چکیده
منابع مشابه
Openness and economic growth in developing countries
Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital's share in factor income determines the difference in the predicted convergence rates for open and closed economies. With a 60 percent sh...
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ژورنال
عنوان ژورنال: The European Journal of Applied Economics
سال: 2016
ISSN: 2406-2588
DOI: 10.5937/ejae13-11311