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dc.contributor.authorBusse, Matthiasen_US
dc.contributor.authorKöniger, Jensen_US
dc.date.accessioned2012-05-07en_US
dc.date.accessioned2012-05-14T10:01:34Z-
dc.date.available2012-05-14T10:01:34Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/57921-
dc.description.abstractWhile 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.en_US
dc.language.isoengen_US
dc.publisherHWWI Institute of International Economics Hamburgen_US
dc.relation.ispartofseriesHWWI research paper 123en_US
dc.subject.jelF11en_US
dc.subject.jelF43en_US
dc.subject.jelC23en_US
dc.subject.ddc330en_US
dc.subject.keywordOpennessen_US
dc.subject.keywordTradeen_US
dc.subject.keywordGrowthen_US
dc.titleTrade and economic growth: A re-examination of the empirical evidenceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn715302949en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:hwwirp:123-
Appears in Collections:HWWI Research Papers, Hamburgisches WeltWirtschaftsInstitut

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