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Trade liberalization and growth: a quantile moderator for Hoyos’ (2021) replication study of Estevadeordal and Taylor (2013)

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  • Alecos Papadopoulos

    (Athens University of Economics and Business)

Abstract

We examine whether Hoyos’ (Empir Econ, 2021) critical replication of Estevadeordal and Taylor (Rev Econ Stat 95(5):1669–1690, 2013) that dealt with trade liberalization and growth, does provide, as the author claims, clear evidence that the estimation results and the conclusions of the original should be discarded, the first as “non-robust,” the second as relying on the former. We find that robustness is indeed an issue. We correct for it using quantile regression and we obtain results that explain both papers and support a modified argument that tariff reduction in the 1990’s contributed to growth acceleration, when other determinants of growth were conducive to such acceleration.

Suggested Citation

  • Alecos Papadopoulos, 2022. "Trade liberalization and growth: a quantile moderator for Hoyos’ (2021) replication study of Estevadeordal and Taylor (2013)," Empirical Economics, Springer, vol. 63(1), pages 549-563, July.
    • Handle: RePEc:spr:empeco:v:63:y:2022:i:1:d:10.1007_s00181-021-02159-4
    DOI: 10.1007/s00181-021-02159-4
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    References listed on IDEAS

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    1. Antoni Estevadeordal & Alan M. Taylor, 2013. "Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s–2000s," The Review of Economics and Statistics, MIT Press, vol. 95(5), pages 1669-1690, December.
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    More about this item

    Keywords

    Critical replication study; Trade liberalization; Tariffs; Growth;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General

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