| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w10152 |
| 来源ID | Working Paper 10152 |
| Trade Liberalization and Growth: New Evidence | |
| Romain Wacziarg; Karen Horn Welch | |
| 发表日期 | 2003-12-15 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | This paper revisits the empirical evidence on the relationship between economic integration and economic growth. First, we present an updated dataset of openness indicators and trade liberalization dates for a wide cross-section of countries in the 1990s. Second, we extend the Sachs and Warner (1995) study of the relationship between trade openness and economic growth to the 1990s, discussing recent criticisms of their measurement and estimation framework. Our results suggest that the cross-sectional findings of Sachs and Warner are sensitive to the period under consideration. In particular, an updated version of their dichotomous trade policy openness indicator does not enter significantly in growth regressions for the 1990s. Third, and most importantly, we present new evidence on the time paths of economic growth, physical capital investment and openness around episodes of trade policy liberalization. In sharp contrast to our cross-sectional results, we find that liberalization has, on average, robust positive effects on growth, openness and investment rates within countries. We illustrate these large sample findings with detailed case studies in a subsample of representative countries. |
| 主题 | International Economics ; Trade ; International Macroeconomics |
| URL | https://www.nber.org/papers/w10152 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/567780 |
| 推荐引用方式 GB/T 7714 | Romain Wacziarg,Karen Horn Welch. Trade Liberalization and Growth: New Evidence. 2003. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w10152.pdf（1284KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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