Trade Openness and Growth: Who Benefits?
AbstractWe investigate the relationship between economic growth and foreign trade, testing whether the benefits of trade vary over time and across countries. Our results confirm previous findings that specialization in primary exports is bad for growth. While trade openness promoted convergence in the 1960s and 1970s, we find that since 1980 the benefits of trade accrued mostly to the richer economies, with little benefit to the less developed economies. Most of the dynamic benefits of trade are obtained through productivity growth, with a small contribution coming through increased investment. Copyright 2004, Oxford University Press.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Oxford University Press in its journal Oxford Review of Economic Policy.
Volume (Year): 20 (2004)
Issue (Month): 1 (Spring)
Contact details of provider:
Web page: http://oxrep.oupjournals.org/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Boris CHISTRUGA & Rodica CRUDU, 2011. "Economic Disparity and Global Governance Failures – the Most Important Risks in the Coming Decade," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 18-25.
- Timothy J. Kehoe & Kim J. Ruhl, 2010.
"Why have economic reforms in Mexico not generated growth?,"
Staff Report, Federal Reserve Bank of Minneapolis
453, Federal Reserve Bank of Minneapolis.
- Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why Have Economic Reforms in Mexico Not Generated Growth?," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 1005-27, December.
- Timothy J. Kehoe & Kim J. Ruhl, 2010. "Why Have Economic Reforms in Mexico Not Generated Growth?," NBER Working Papers 16580, National Bureau of Economic Research, Inc.
- Branko Milanovic, 2005.
"Global Income Inequality: What It Is And Why It Matters?,"
- Branko Milanovic, 2006. "Global Income Inequality: What It Is And Why It Matters?," Working Papers, United Nations, Department of Economics and Social Affairs 26, United Nations, Department of Economics and Social Affairs.
- Milanovic, Branko, 2006. "Global income inequality : what it is and why it matters," Policy Research Working Paper Series 3865, The World Bank.
- Sambit Bhattacharyya & Steve Dowrick & Jane Golley, 2009.
"Institutions and Trade: Competitors or Complements in Economic Development?,"
The Economic Record,
The Economic Society of Australia, vol. 85(270), pages 318-330, 09.
- Sambit Bhattacharyya & Steve Dowrick & Jane Golley, 2008. "Institutions And Trade: Competitors Or Complements In Economic Development?," Departmental Working Papers, The Australian National University, Arndt-Corden Department of Economics 2008-12, The Australian National University, Arndt-Corden Department of Economics.
- Sambit Bhattacharyya & Steve Dowrick & Jane Golley, 2007. "Institutions and Trade: Competitors or Complements in Economic Development?," DEGIT Conference Papers c012_005, DEGIT, Dynamics, Economic Growth, and International Trade.
- Yilmaz Akyuz, 2005. "Trade, Growth and Industralization: Issues, Experience and Policy Challenges," Working Papers, Turkish Economic Association 2005/3, Turkish Economic Association.
- PenÃ©lope Pacheco-LÃ³pez & A.P. Thirlwall, 2009. "Has Trade Liberalisation in Poor Countries Delivered the Promises Expected?," Studies in Economics, Department of Economics, University of Kent 0911, Department of Economics, University of Kent.
- Dang, D Anh, 2010. "Trade Liberalization and Institutional Quality: Evidence from Vietnam," MPRA Paper 26346, University Library of Munich, Germany, revised 31 Aug 2010.
- Shahbaz, Muhammad, 2012.
"Does trade openness affect long run growth? Cointegration, causality and forecast error variance decomposition tests for Pakistan,"
Elsevier, vol. 29(6), pages 2325-2339.
- Muhammad, Shahbaz, 2012. "Does Trade Openness Affect Long Run Growth? Cointegration, Causality and Forecast Error Variance Decomposition Tests for Pakistan," MPRA Paper 37391, University Library of Munich, Germany, revised 10 Mar 2012.
- Graafland, J.J., 2008. "Market operation and distributive justice: An evaluation of the ACCRA confession," MPRA Paper 20276, University Library of Munich, Germany.
- Daniel Sakyi & Jose Villaverde & Adolfo Maza & Krishna Reddy Chittedieonardo, 2012. "Trade Openness, Growth and Development: Evidence from Heterogeneous Panel Cointegration Analysis for Middle-Income Countries," REVISTA CUADERNOS DE ECONOMÃA, UN - RCE - CID, UN - RCE - CID.
- Misati, Roseline Nyakerario & Nyamongo, Esman Morekwa, 2012. "Financial liberalization, financial fragility and economic growth in Sub-Saharan Africa," Journal of Financial Stability, Elsevier, Elsevier, vol. 8(3), pages 150-160.
- Haq, Munshi Masudul, 2008. "Growth and openness: empirical evidence from Bangladesh," MPRA Paper 35732, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.