The Relationship between the Foreign Trade and Economic Growth: GMM Approach

ابریشمی ابریشمی؛ مهرآرا مهرآرا؛ تمدن نژاد تمدن نژاد

دوره 16، شماره 26 ، آبان 1388

https://doi.org/10.22067/pm.v16i26.1955

چکیده
  Trade liberalization in developing countries over the last 20 years, has often been implemented with the expectation of growth being stimulated; yet the evidence on its growth enhancing effects is mixed. This article analyses the relationship between liberalization and economic growth, using a dynamic panel framework. The findings indicate that liberalization does appear to have a positive impact upon growth, although small.  بیشتر