EconStor >
Hamburgisches WeltWirtschaftsInstitut (HWWI) >
HWWI Research Papers, Hamburgisches WeltWirtschaftsInstitut >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/57921
  
Title:Trade and economic growth: A re-examination of the empirical evidence PDF Logo
Authors:Busse, Matthias
Königer, Jens
Issue Date:2012
Series/Report no.:HWWI research paper 123
Abstract: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.
Subjects:Openness
Trade
Growth
JEL:F11
F43
C23
Document Type:Working Paper
Appears in Collections:HWWI Research Papers, Hamburgisches WeltWirtschaftsInstitut

Files in This Item:
File Description SizeFormat
715302949.pdf2.2 MBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/57921

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.