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Openness and growth: A time-series, cross-country analysis for developing countries

  • Harrison, Ann

This paper draws together a variety of openness measures to test the association between openness and growth. Although the correlation across different types of openness is not always strong, there is generally a positive association between growth and different measures of openness. The strength of the association depends on whether the specification uses cross-section or panel data (which combines cross- section and time series). For industrializing countries, which have exhibited significant fluctuations in trade regimes over time, long run averages may not serve as very meaningful indicators of policy.

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Article provided by Elsevier in its journal Journal of Development Economics.

Volume (Year): 48 (1996)
Issue (Month): 2 (March)
Pages: 419-447

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Handle: RePEc:eee:deveco:v:48:y:1996:i:2:p:419-447
Contact details of provider: Web page: http://www.elsevier.com/locate/devec

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