European Parliament Library

How Much Do Trading Partners Matter for Economic Growth?, Vivek Arora, Athanasios Vamvakidis

Abstract
This paper empirically examines the extent to which a country's economic growth is influenced by its trading partner economies. Panel estimation results based on four decades of data for over 100 countries show that trading partners' growth and relative income levels have a strong effect on domestic growth, even after controlling for the influence of common global and regional trends. One interpretation is that conditional convergence is stronger, the richer are a country's trading partners. A general implication of the results is that industrial countries benefit from trading with developing countries, which grow rapidly, while developing countries benefit from trading with industrial countries, which have relatively high incomes
Table Of Contents
""Contents""; ""I. INTRODUCTION""; ""II. EMPIRICAL LITERATURE ON THE GROWTH�OPENNESS CONNECTION""; ""III. TRADING PARTNERS""; ""IV. EMPIRICAL APPROACH AND RESULTS""; ""V. CONCLUSIONS""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (21 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781462313747

Library Locations

  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
    Borrow
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
    Borrow
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
    Borrow