Oil curse, economic growth and trade openness

Trade Openness And Economic Growth In Iran, And Some OPEC Nations

The Influence of Trade Openness the Economic Growth of Former Soviet Union Countries

This paper tries to test the relationship between trade openness and economic growth in Former Soviet Union countries after their independence in 1991. It has become an article of faith in most economic and political circles that opening up the economy to international trade will produce substantial benefits in terms of greater consumer choice and higher living standards. Higher productivity is...

Banking Sector Openness and Economic Growth

Banking sector openness may directly increase growth by improving the quality of financial services and increasing funds available, or indirectly by improving the efficiency of financial intermediaries, both of which may reduce the cost of financing, in turn, increase capital accumulation and economic growth. The objective of the paper is to empirically reinvestigate these direct and indirect l...

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...

Is Trade Policy Openness Good for Growth?

Very few issues are more contentious today than the effects of trade policy on the rate of economic growth and poverty in developing countries. The paper investigates the relationship between trade barriers and growth using a dynamic panel regression model for data on 48 developing countries over 1980-1999. Trade barriers are captured by measures of tariffs, import and export taxes. Particular ...