Artikel
Trade openness and growth: A network‐based approach
We propose a novel approach to the study of international trade based on a theory of country integration that embodies a broad systemic viewpoint on the relationship between trade and growth. Our model leads to an indicator of country openness that measures a country's level of integration through the full architecture of its connections in the trade network. We apply our methodology to a sample of 204 countries and find a sizable and significant positive relationship between our integration measure and a country's growth rate, while that of the traditional measures of outward orientation is only minor and statistically insignificant.
- Language
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Englisch
- Bibliographic citation
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Journal: Journal of Applied Econometrics ; ISSN: 1099-1255 ; Volume: 37 ; Year: 2022 ; Issue: 6 ; Pages: 1182-1203 ; Hoboken, NJ: Wiley
- Classification
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Wirtschaft
- Subject
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Bayesian model averaging
dynamic‐panel model
economic growth
globalization
network analysis
trade integration
- Event
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Geistige Schöpfung
- (who)
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Duernecker, Georg
Meyer, Moritz
Vega‐Redondo, Fernando
- Event
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Veröffentlichung
- (who)
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Wiley
- (where)
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Hoboken, NJ
- (when)
-
2022
- DOI
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doi:10.1002/jae.2920
- Handle
- Last update
- 10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Duernecker, Georg
- Meyer, Moritz
- Vega‐Redondo, Fernando
- Wiley
Time of origin
- 2022
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