This article investigates the links between trade policy and economic growth in a panel of 57 countries between 1970 and 1989. It develops a new measure of trade policy openness based on the policy component of trade shares, using it in a simultaneous equations system to identify the effect of trade policy on several determinants of growth. The result suggests a positive impact of openness on economic growth, with the accelerated accumulation of physical...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2001/09/01
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Журнальная статья
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77358
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1
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1
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2013/05/21
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Disclosed
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Measuring the dynamics gains from trade
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Trade Policy
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