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Ouverture intra-régionale et dynamique de la croissance extravertie
[Intraregional openness and dynamics of outgoing growth]

Author

Listed:
  • Katuala, Hénock

Abstract

It is widely argued that foreign trade is an important determinant of growth. However, empirical research on the link between economic Intraregional openness and economic growth are limited, especially in the context of Central Africa. In addition, recent studies were presented in the work of Edwards (1989) and (1993) and generally conclude that close link between openness and economic growth in countries in transition. Using a dynamic panel model proposed by Arellano and Bond (1991), this article aims to verify the validity of these results in the context of the members countries of the Economic Community of Great Lakes (CECGL) during the period 2002-2018. Our results suggest that international trade influenced positive on economic growth. Econometric estimates made also attesting to this prediction. After some analysis additional robustness these results remain statistically significant. This ultimately leads us to develop the concept of extraverted growth.

Suggested Citation

  • Katuala, Hénock, 2020. "Ouverture intra-régionale et dynamique de la croissance extravertie [Intraregional openness and dynamics of outgoing growth]," MPRA Paper 99589, University Library of Munich, Germany, revised 10 Apr 2020.
    • Handle: RePEc:pra:mprapa:99589
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    More about this item

    Keywords

    extraverted growth; Intra-regional Openness; Dynamic Model; CECGL.;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • F15 - International Economics - - Trade - - - Economic Integration
    • F18 - International Economics - - Trade - - - Trade and Environment
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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