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Do liberal trade policies promote trade openness?

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  • Turan Subasat

Abstract

Although trade liberalization and trade openness are assumed to be strongly associated with each other and often used interchangeably, the empirical evidence has not been forthcoming. This article is an attempt to fill this gap. By investigating the link between trade openness and trade restrictions, it argues that while a negative link between various types of trade restrictions and trade openness is evident, the relationship is weak, statistically not always significant and there is no clear evidence that the removal of trade restrictions (trade-liberalization) invariably leads to improved trade openness.

Suggested Citation

  • Turan Subasat, 2008. "Do liberal trade policies promote trade openness?," International Review of Applied Economics, Taylor & Francis Journals, vol. 22(1), pages 45-61.
  • Handle: RePEc:taf:irapec:v:22:y:2008:i:1:p:45-61
    DOI: 10.1080/02692170701745887
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    Cited by:

    1. McNamara, Courtney, 2017. "Trade liberalization and social determinants of health: A state of the literature review," Social Science & Medicine, Elsevier, vol. 176(C), pages 1-13.
    2. George Magoulios & Stergios Athianos, 2013. "The Trade Balance of Greece in the Euro Era," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 11(2), pages 187-216.
    3. Ratnaike, Yasanji C., 2012. "Is there an empirical link between trade liberalisation and export performance?," Economics Letters, Elsevier, vol. 117(1), pages 375-378.
    4. Turan Subasat & Sotiris Bellos, 2011. "Economic Freedom and Foreign Direct Investment in Latin America: A Panel Gravity Model Approach," Economics Bulletin, AccessEcon, vol. 31(3), pages 2053-2065.

    More about this item

    Keywords

    Trade policy; openness; liberalization;

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