Arbeitspapier

Economic consequences of landlockedness - What makes a difference?

The economic disadvantage of landlocked countries is well established in the literature (Faye et al, 2004). This paper investigates the economicimpact of landlockedness on convergence. The econometric analysis is carried out for three income groups and the time before and after the global financial crisis (GFC) of 2007/9. The quality of institutions, investment rate, landlockedness, international trading costs and trade openness are used as conditional variables. The time period under investigation is 1996 to 2016. This paper contributes to the debate between geography (Sachs, 2003) and institutions (Rodrik et al, 2004) as main obstacles for higher economic growth in landlocked countries.

Language
Englisch

Bibliographic citation
Series: IHS Working Paper ; No. 35

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Miao, Guannan
Wörgötter, Andreas
Event
Veröffentlichung
(who)
Institut für Höhere Studien - Institute for Advanced Studies (IHS)
(where)
Vienna
(when)
2021

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Miao, Guannan
  • Wörgötter, Andreas
  • Institut für Höhere Studien - Institute for Advanced Studies (IHS)

Time of origin

  • 2021

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