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| Natura: | Artículo científico |
| Lingua: | en |
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Universidad Nacional de Misiones
2025
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| Accesso online: | https://www.redalyc.org/articulo.oa?id=357980396014 https://www.redalyc.org/journal/3579/357980396014/ https://www.redalyc.org/journal/3579/357980396014/html/ https://www.redalyc.org/journal/3579/357980396014/357980396014.epub https://www.redalyc.org/journal/3579/357980396014/movil |
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Sommario:
- TRADE OPENING AND ECONOMIC GROWTH: AN EMPIRICAL APPROACH Mauro Ignacio Romero Stefani Administración y Contabilidad Determinants Economic growth Economic policy Commercial opening Economic growth has beneficial effects on the general well-being of a society. Identifying and analyzing its determining factors becomes essential to improve economic policy decisions. Among these factors, the effects of trade openness are widely debated in the literature. Although there are various works that study the relationship between trade openness and economic growth, the results are heterogeneous and differ depending on the level of development of the economies, the openness variable considered, among other conditions.The main objective of this work is to investigate the existence of a relationship between trade openness and economic growth in a large group of developed and developing countries, considering different openness measures, and thus outline economic policy recommendations that promote growth. The central hypothesis is that trade openness has a different effect on the economic growth rate depending on the degree of development of the economies and the openness variable analyzed. To meet the objective, parametric estimates were used for the period 1960-2019, and alternative openness measures were constructed to the conventional indicator defined as the sum of exports and imports in relation to the Gross Domestic Product (GDP). The results obtained in this work differ depending on the level of development of the countries analyzed and the openness measures used. 2025 artículo científico 1669-7634 https://www.redalyc.org/articulo.oa?id=357980396014 https://www.redalyc.org/journal/3579/357980396014/ https://www.redalyc.org/journal/3579/357980396014/html/ https://www.redalyc.org/journal/3579/357980396014/357980396014.epub https://www.redalyc.org/journal/3579/357980396014/movil 10.36995/j.visiondefuturo.2024.29.01.006.en en http://www.redalyc.org/revista.oa?id=3579 Revista Científica "Visión de Futuro" application/pdf Universidad Nacional de Misiones Revista Científica "Visión de Futuro" (Argentina) Num.1 Vol.29