The impact of trade openness on economic growth: The case of Cote d'Ivoire

Artikel

The relationship between trade openness and economic growth has been extensively investigated yielding to mixed and inconclusive results. This might be attributed to the omission of the role of capital stock and labor in the trade-growth nexus. This paper examines the impact of trade openness on economic growth for Cote d'Ivoire over the period 1965-2014 in a multivariate framework including capital stock, labor and trade openness as regressors. It uses the Autoregressive Distributed Lag bounds test to cointegration and the Toda and Yamamoto Granger causality tests. The results show that trade openness has positive effects on economic growth both in the short and long run. Furthermore, they reveal a positive and strong complementary relationship between trade openness and capital formation in promoting economic growth.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Cogent Economics & Finance ; ISSN: 2332-2039 ; Volume: 5 ; Year: 2017 ; Issue: 1 ; Pages: 1-14 ; Abingdon: Taylor & Francis

Classification and Topics

• Classification: Wirtschaft
• Subject: economic growth ; trade openness ; cointegration ; Cote d'Ivoire

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Keho, Yaya
• Event: Veröffentlichung
• (who): Taylor & Francis
• (where): Abingdon
• (when): 2017

Further information

• DOI: doi:10.1080/23322039.2017.1332820
• Handle: http://hdl.handle.net/10419/194684
• Last update: 10.03.2025, 11:44 AM CET