Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/266789 
Erscheinungsjahr: 
2022
Quellenangabe: 
[Journal:] Journal of Applied Econometrics [ISSN:] 1099-1255 [Volume:] 37 [Issue:] 6 [Publisher:] Wiley [Place:] Hoboken, NJ [Year:] 2022 [Pages:] 1182-1203
Verlag: 
Wiley, Hoboken, NJ
Zusammenfassung: 
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.
Schlagwörter: 
Bayesian model averaging
dynamic‐panel model
economic growth
globalization
network analysis
trade integration
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