This article investigates the links between trade policy and economic growth in a panel of 57 countries between 1970 and 1989. It develops a new measure of trade policy openness based on the policy component of trade shares, using it in a simultaneous equations system to identify the effect of trade policy on several determinants of growth. The result suggests a positive impact of openness on economic growth, with the accelerated accumulation of physical...
更多显示
详细
-
2001/09/01
-
日志文章
-
77358
-
1
-
1
-
2013/05/21
-
Disclosed
-
Measuring the dynamics gains from trade
-
Trade Policy