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Trade Openness, Growth and Development: Evidence From Heterogeneous Panel Cointegration Analysis for Middle-income Countries

Year: 2012

Type: article

Abstract: According to economic analysis, one of the most important benefits associated with trade openness is the achievement of a faster and less volatile process of economic growth and development (Winters, 2004).For the developing countries to catch up with the more advanced ones, a higher and more sustained economic growth is required in the former (Mobarak, 2005).This implies that these countries require a huge amount of resources, which, to a certain extent, have to be acquired from advanced economies.The need for developing countries to get these 1 Ph.

Source: Cuadernos de Economía

Authors: Daniel Sakyi, José Villaverde Castro, Adolfo Maza, Krishna Reddy Chittedi

Institutions: Kwame Nkrumah University of Science and Technology, Universidad de Cantabria, Centre For Development Studies

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W2102316153

FWCI: 3.8

Cites: 53

Cited by: 37

Related to: 10