Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/57921 
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dc.contributor.authorBusse, Matthiasen
dc.contributor.authorKöniger, Jensen
dc.date.accessioned2012-05-07-
dc.date.accessioned2012-05-14T10:01:34Z-
dc.date.available2012-05-14T10:01:34Z-
dc.date.issued2012-
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
dc.language.isoengen
dc.publisher|aHamburgisches WeltWirtschaftsInstitut (HWWI) |cHamburgen
dc.relation.ispartofseries|aHWWI Research Paper |x123en
dc.subject.jelF11en
dc.subject.jelF43en
dc.subject.jelC23en
dc.subject.ddc330en
dc.subject.keywordOpennessen
dc.subject.keywordTradeen
dc.subject.keywordGrowthen
dc.titleTrade and economic growth: A re-examination of the empirical evidence-
dc.typeWorking Paperen
dc.identifier.ppn715302949en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:hwwirp:123en

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