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This paper studies the relationship between trade openness and output growth for a sample of twenty-three Asian countries using both a static OLS and a dynamic ECM estimation models. At the country specific level, the findings of this study provide robust empirical evidence indicating that...
Persistent link: https://www.econbiz.de/10011189736
Persistent link: https://www.econbiz.de/10008480808
This study uses a dynamic model to determine the contribution of openness on output growth in Latin America. Error Correction Model and Phillips and Loretan results prove superior to OLS estimates. First, openness growth does not have a straight positive relationship to productivity growth;...
Persistent link: https://www.econbiz.de/10009351248