Trade Openness and Economic Growth: Panel Data Evidence from Sub-Saharan Africa

C-Tier
Journal: Economica
Year: 2015
Volume: 82
Pages: 1302-1323

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

type="main" xml:id="ecca12160-abs-0001"> <p>This paper uses an instrumental variables approach to estimate the relationship between trade openness and economic growth in Sub-Saharan Africa. Instrumental variables estimates show that economic growth has a significant negative contemporaneous effect on trade openness, while trade openness has a significant positive effect on economic growth. A 1 percentage point increase in the ratio of trade over GDP is associated with a short-run increase in growth of approximately 0.5% in a given year; the cumulative long-run effect on the level of GDP per capita is larger, reaching about 2%.

Technical Details

RePEc Handle
repec:bla:econom:v:82:y:2015:i::p:1302-1323
Journal Field
General
Author Count
2
Added to Database
2026-01-24