Arbeitspapier
Trade and economic growth: A re-examination of the empirical evidence
While trade integration is often regarded as a principal determinant of economic growth, the empirical evidence for a causal linkage between trade and growth is ambiguous. This paper argues that the effect of trade in dynamic panel estimations depends crucially on the specification of trade. Both from a theoretical as well as an empirical point of view one specification is preferred: the volume of exports and imports as a share of lagged total GDP. For this trade measure, a positive and highly significant impact on economic growth can be found.
- Sprache
-
Englisch
- Erschienen in
-
Series: HWWI Research Paper ; No. 123
- Klassifikation
-
Wirtschaft
Neoclassical Models of Trade
Economic Growth of Open Economies
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
- Thema
-
Openness
Trade
Growth
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Busse, Matthias
Königer, Jens
- Ereignis
-
Veröffentlichung
- (wer)
-
Hamburgisches WeltWirtschaftsInstitut (HWWI)
- (wo)
-
Hamburg
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Busse, Matthias
- Königer, Jens
- Hamburgisches WeltWirtschaftsInstitut (HWWI)
Entstanden
- 2012
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