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Openness and Growth: A Time-Series, Cross-Country Analysis for Developing Countries

  • Ann Harrison

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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File URL: http://www.nber.org/papers/w5221.pdf
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 5221.

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Date of creation: Aug 1995
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Publication status: published as Harrison, Ann. "Openness And Growth: A Time-Series, Cross-Country Analysis For Developing Countries," Journal of Development Economics, 1996, v48(2,Mar), 419-447.
Handle: RePEc:nbr:nberwo:5221
Note: ITI
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