مجلة معهد العلوم الإقتصادية
Volume 16, Numéro 2, Pages 443-468
2012-12-02
Openness, Primary Goods Exports, And Growth With A Reference To The Case Of Algeria Over The Period 1970-00
Authors : Raad Ali .
Abstract
The objective of this work is to investigate the effect of openness, and primary goods exports on economic growth. For this purpose, we use data on a sample of countries over the period 1970-00, and estimate a Barro type regression model, based on the neoclassical theory, in which a measure of openness and an indicator of primary goods exports are included. The results obtained show that openness is positively linked with growth, indicating that the more opened a country is the faster it grows. On the other hand, primary goods exports appear to be negatively related to growth, meaning that the more a country relies on primary goods exports the slower its growth rate will be. The model predicts a comparatively slow growth pattern for Algeria as a result of its comparatively bad record in terms both openness and primary goods exports.
Keywords
Openness, Primary goods exports, Economic Growth, Cross-country studies.
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