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Openness and access

Author

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  • Jay Squalli
  • Kenneth Wilson

Abstract

This article uses a data set from the World Economic Forum that quantitatively captures nonexistent or scarce data to test the relationship between trade openness and market access. In recognition of the diversity and range of trade openness measures, this article uses five different openness measures and one measure of market access comprising public institutions, the regulatory environment, and network industries. This article finds that all three components matter and that better market access leads to greater trade openness in both nominal and real terms.

Suggested Citation

  • Jay Squalli & Kenneth Wilson, 2009. "Openness and access," Applied Economics, Taylor & Francis Journals, vol. 41(3), pages 363-379.
    • Handle: RePEc:taf:applec:v:41:y:2009:i:3:p:363-379
    DOI: 10.1080/00036840601007294
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    References listed on IDEAS

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    1. repec:umd:umdeco:rodriguez9901 is not listed on IDEAS
    2. Jeffrey D. Sachs, 2001. "Tropical Underdevelopment," NBER Working Papers 8119, National Bureau of Economic Research, Inc.
    3. Romain Wacziarg & Karen Horn Welch, 2008. "Trade Liberalization and Growth: New Evidence," The World Bank Economic Review, World Bank, vol. 22(2), pages 187-231, June.
    4. Davidson, Russell & MacKinnon, James G., 1993. "Estimation and Inference in Econometrics," OUP Catalogue, Oxford University Press, number 9780195060119.
    5. Francisco Rodríguez & Dani Rodrik, 2001. "Trade Policy and Economic Growth: A Skeptic's Guide to the Cross-National Evidence," NBER Chapters, in: NBER Macroeconomics Annual 2000, Volume 15, pages 261-338, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Mebratu Seyoum & Renshui Wu & Jihong Lin, 2014. "Foreign Direct Investment and Trade Openness in Sub-Saharan Economies: A Panel Data Granger Causality Analysis," South African Journal of Economics, Economic Society of South Africa, vol. 82(3), pages 402-421, September.
    2. Andoni Fornio Barusman & Dr. M. Yusuf Sulfarano Barusman, 2017. "The Impact of International Trade on Income Inequality in the United States since 1970's," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 35-50.
    3. Panagiotis Liargovas & Konstantinos Skandalis, 2012. "Foreign Direct Investment and Trade Openness: The Case of Developing Economies," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 106(2), pages 323-331, April.
    4. Sugiharso Safuan, 2017. "ASEAN-China Free Trade Area: An Assessment of Tariff Elimination Effect on Welfare," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 27-37.

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