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An inquiry into openness in international trade

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Author Info

  • Farhang Niroomand
  • Edward Nissan
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    Abstract

    The ratio of exports plus imports to gross national product may be viewed as a measure of openness in international trade. Constructs indexes for 1967, 1980 and 1988, using this ratio for cross-country comparison of trade patterns. Analysis of variance and regression reveal that the patterns among countries differ according to levels of income, and that there was a trend towards convergence of the index in the late 1980s reversing an earlier trend towards divergence.

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    Bibliographic Info

    Article provided by Emerald Group Publishing in its journal Journal of Economic Studies.

    Volume (Year): 24 (1997)
    Issue (Month): 3 (September)
    Pages: 167-178

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    Handle: RePEc:eme:jespps:v:24:y:1997:i:3:p:167-178

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    Related research

    Keywords: Export; Imports; International trade;

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