Hayo, Bernd; Voigt, Stefan - 2008
countries over the period 1985–2003 in
the framework of a standard economic growth model. We find some support for our theoreti … explains the average growth
rate of per capita GDP for 67 countries over the period 1985–2003 (a list of the countries can
be … control variables include openness, defined as the sum of im-
ports and exports divided by GDP (average over the period 1985–2003 …