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Trade Barriers, Openness, And Economic Growth

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Author Info
Jakob Madsen

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Abstract

Using a long dataset on openness and productivity this paper tests the influence of openness on TFP growth and per capita growth since 1870 for 16 industrialized countries. It is shown, in simple regressions, that growth is by and large independent of openness. However, once the interaction between openness and foreign knowledge is allowed for, productivity is positively affected by openness.

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File URL: http://www.buseco.monash.edu.au/eco/research/papers/2008/2708trademadsen.pdf
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Publisher Info
Paper provided by Monash University, Department of Economics in its series Monash Economics Working Papers with number 27/08.

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Length: 38 pages
Date of creation: 03 Sep 2008
Date of revision:
Handle: RePEc:mos:moswps:2008-27

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Postal: Department of Economics, Monash University, Victoria 3800, Australia
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Web page: http://www.buseco.monash.edu.au/eco/
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Related research
Keywords: Openness; TFP growth; trade barriers; imports of technology; panel estimates.;

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Find related papers by JEL classification:
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements

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References listed on IDEAS
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    Other versions:
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