Openness and economic growth: an empirical investigation

Author: Bahmani-Oskooee Mohsen   Niroomand Farhang  

Publisher: Routledge Ltd

ISSN: 1466-4291

Source: Applied Economics Letters, Vol.6, Iss.9, 1999-09, pp. : 557-561

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Abstract

Unlike previous research that investigated the relation between exports and output, in this paper we assess the long-run relation between the degree of openness and economic growth. For the many countries considered here, we find a positive long-run relation between openness and economic growth.