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Growth in transition economies: A trade policy perspective

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  • David Barlow
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    Abstract

    This paper examines the influence of trade liberalization on GDP growth during the transition from communism. The level of trade liberalization is found to raise the growth rate, particularly in the early part of the transition and for the countries nearest to the European Union. For the remaining countries and for the later transition period, the positive influence of trade reform on growth requires the negative effect of the interaction between trade reform and privatization to be taken into account. Even with the interaction terms the effect of trade liberalization is not statistically significant in the later transition period. Copyright (c) 2006 The Author Journal compilation (c) 2006 The European Bank for Reconstruction and Development..

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    Bibliographic Info

    Article provided by The European Bank for Reconstruction and Development in its journal Economics of Transition.

    Volume (Year): 14 (2006)
    Issue (Month): 3 (07)
    Pages: 505-515

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    Handle: RePEc:bla:etrans:v:14:y:2006:i:3:p:505-515

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    Cited by:
    1. Jan Babecky & Tomas Havranek, 2014. "Structural reforms and growth in transition," The Economics of Transition, The European Bank for Reconstruction and Development, The European Bank for Reconstruction and Development, vol. 22(1), pages 13-42, 01.
    2. Jan Babecky & Tomas Havranek, 2013. "Structural Reforms and Economic Growth: A Meta-Analysis," Working Papers, Czech National Bank, Research Department 2013/08, Czech National Bank, Research Department.
    3. Jan Babecky & Tomas Havranek, 2013. "Structural Reforms and Growth in Transition: A Meta-Analysis," William Davidson Institute Working Papers Series wp1057, William Davidson Institute at the University of Michigan.
    4. Marta Spreafico, 2013. "Institutions, the resource curse and the transition economies: further evidence," DISCE - Quaderni dell'Istituto di Politica Economica, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE) ispe0064, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    5. Khaing, Khaing Sape Saw, 2007. "Globalization and Change of Investment Environment in ASEAN," MPRA Paper 42003, University Library of Munich, Germany.
    6. Zohid Askarov & Hristos Doucouliagos, 2014. "Development Aid and Growth in Transition Economies," Economics Series 2014_5, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
    7. Rosa Capolupo, 2012. "Economic Transition and Regional Growth: The Case of Albania and Comparator SEECs," Transition Studies Review, Springer, Springer, vol. 18(3), pages 529-549, March.

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