Openness, outward orientation, trade liberalization, and economic performance in developing countries
AbstractThis paper provides a critical review of the existing empirical literature that deals with the relationship between trade orientation and economic performance. Using a model that avoids the shortcomings of most current measures of trade orientation, the author finds strong support for the hypothesis that, other things being equal, countries with a less distorted external sector grow faster than countries with a more distorted external sector.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 191.
Date of creation: 30 Jun 1989
Date of revision:
TF054105-DONOR FUNDED OPERATION ADMINISTRATION FEE INCOME AND EXPENSE ACCOUNT; Economic Theory&Research; Trade Policy; Environmental Economics&Policies; Achieving Shared Growth;
Other versions of this item:
- Sebastian Edwards, 1989. "Openness, Outward Orientation, Trade Liberalization and Economic Performance in Developing Countries," NBER Working Papers 2908, National Bureau of Economic Research, Inc.
- TF0 - - - - - -
- FUN - International Economics - - - - -
- OPE - Economic Development, Technological Change, and Growth - - - - -
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- Johnston, Paul V., 1992. "Trade Dependency Index Tables for Total, Merchandise and Agricultural Trade, 1960-88," Statistical Bulletin 154764, United States Department of Agriculture, Economic Research Service.
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- Tybout, James R., 1991. "Researching the trade - productivity link : new directions," Policy Research Working Paper Series 638, The World Bank.
- Levine, Ross & Renelt, David, 1991. "Cross-country studies of growth and policy : methodological, conceptual, and statistical problems," Policy Research Working Paper Series 608, The World Bank.
- Ibarra, Luis Alberto, 1995. "Credibility of trade policy reform and investment: the Mexican experience," Journal of Development Economics, Elsevier, vol. 47(1), pages 39-60, June.
- Nouriel Roubini & Xavier Sala-i-Martin, 1991.
"Financial Repression and Economic Growth,"
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3876, National Bureau of Economic Research, Inc.
- Aitken, Brian J., 1992. "Measuring trade policy intervention : a cross-country index of relative price dispersion," Policy Research Working Paper Series 838, The World Bank.
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