The Relationship between the Foreign Trade and Economic Growth: GMM Approach

اقتصاد پولی مالی

مقاله 2، دوره 16، شماره 26، آبان 1388   

نوع مقاله: پژوهشی

شناسه دیجیتال (DOI): 10.22067/pm.v16i26.1955

نویسندگان

ابریشمی ابریشمی^* ؛ مهرآرا مهرآرا؛ تمدن نژاد تمدن نژاد

چکیده

Trade liberalization in developing countries over the last 20 years, has often been implemented with the expectation of growth being stimulated; yet the evidence on its growth enhancing effects is mixed. This article analyses the relationship between liberalization and economic growth, using a dynamic panel framework. The findings indicate that liberalization does appear to have a positive impact upon growth, although small.