recherches économiques
Volume 8, Numéro 9, Pages 143-162
2013-12-31
ما مدى تأثير المؤسسات على علاقة الانفتاح على التجارة الخارجية بالنمو الاقتصادي؟ -نتائج دراسة ما بين البلدان خلال الفترة 0111
الكاتب : علي رعاد .
الملخص
The objective of this work is to analyze the robustness of the relationship between openness to international trade and growth to the inclusion of institutions. To this end, we use data on a set of countries over the period 1970-00 to estimate an augmented Solow model, in which an openness index, due to Sachs and Warner (1995), and institutional indicators are used. The results we obtain show that despite the drop in the effect of openness on per capita GDP growth, it remains positive and highly significant when controlling for institutions. We argue that this result, which is consistent with some empirical findings but not with others, may indicate that openness is not a proxy for institutions alone despite being strongly correlated with institutions as shown by the high values of some of the simple correlation coefficients in our sample
الكلمات المفتاحية
Openness, Economic Growth, Cross-Section Studies, Controlling Variables
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