Trade Openness and Economic Growth Nexus in Pakistan
نویسندگان
چکیده
منابع مشابه
The Nexus between Economic Growth and Intra-Industry Trade
According to traditional trade theories, foreign trade affects economic growth via several channels such as knowledge and technology spillover, improvement of resources allocation, increasing productivity and competitiveness. Within the framework of new trade theories, the effect of foreign trade on economic growth is ambiguous, and this effect depends on the combination of the different effect...
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T he main objective of this paper was the investigation of the impact of the trade openness on economic growth in Pakistan. We have been employed both the Johensen and Autoregressive Distributed Lag (ARDL) Co-integration together with ECM Techniques for the period 1975-2016. The empirical estimated results are the sound evidence that there exists a short...
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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...
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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: Global Economics Review
سال: 2020
ISSN: 2707-0093,2521-2974
DOI: 10.31703/ger.2020(v-iv).03