Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/68096
Authors: 
Santos-Paulino, Amelia U.
Year of Publication: 
2002
Series/Report no.: 
Department of Economics Discussion Paper, University of Kent 02,02
Abstract: 
This paper analyses the impact of the reduction of tariff and non-tariff barriers on the trade balance and the current account of the balance of payments of 22 selected developing countries from Africa, Latin America, East Asia, and South Asia. The study presents estimates of dynamic panel data models and time-series/cross-section models. The main findings are that trade liberalisation has worsened the balance of trade and the balance of payments, because imports have increased more rapidly than exports. However, the impact of liberalisation and other variables varies according to region and the nature of the trade policy regime.
Subjects: 
trade liberalisation
balance of payments
dynamic panel data
time series/cross section
developing countries
JEL: 
C21
C22
C23
F13
F14
F32
Document Type: 
Working Paper

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