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Provedor de dados:  AgEcon
País:  United States
Título:  Effects of Trade Openness on Economic Growth: The Case of African Countries
Autores:  Yeboah, Osei-Agyeman
Naanwaab, Cephas B.
Saleem, Shaik
Akuffo, Akua S.
Data:  2012-01-18
Ano:  2012
Palavras-chave:  Trade Openness
Productivity
Africa
Cobb Douglas Production Function.
International Development
International Relations/Trade
Productivity Analysis
Resumo:  The relationship between trade and productivity has not been established theoretically. Some researchers have indeed found some, if not complete, support for the view that increasing openness has a positive impact on productivity. This study used a Cobb-Douglas production function as in Miller and Upadhyay (2000) to estimate the impact of FDI, exchange rate, capital-labor ratio and trade openness on GDP for 38 African countries from 1980 to 2008. Data were transformed to natural logs and estimated using alternative panel models; which included one- or-two-way fixed or random effects models. The results found trade openness having a positive relationship with GDP; which is comparable to findings of Ahmed et al.; (2008).
Tipo:  Presentation
Idioma:  Inglês
Identificador:  http://purl.umn.edu/119795
Relação:  Southern Agricultural Economics Association>2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama
Formato:  24
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