Graduate Thesis Or Dissertation
 

The contribution of trade to on economic growth and productivity

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https://ir.library.oregonstate.edu/concern/graduate_thesis_or_dissertations/4t64gr77j

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  • The relationship of openness, growth and total factor productivity is investigated empirically using panel regressions for 48 countries. This study tests a variety of openness measures, including the ratio of trade (exports plus imports), imports, exports and primary exports to GDP. We also study the effects of the interaction of openness and other variables on growth. Two approaches are used and lead to consistent empirical findings. First, we estimate the relationship between the growth rate and a number of potential variables. Second, we estimate total factor productivity (TFP) from production function estimates, then estimate the determinants of TFP such as inflation, terms of trade, money supply, human capital, and various measures of openness. In addition, this study explores the sources of growth and determinants of total factor productivity in rich, poor and middle-income countries. Although the main emphasis of this study is empirical, a theoretical discussion on the linkage between openness and growth is provided. Finally, we summarize results. The principal finding is that there is a positive association between openness, growth and total factor productivity, although exports of primary products have a negative effect on TFP, as some theory suggests. In addition, the sources of growth are different among country groups: openness seems to benefit growth and total factor productivity in low-and middle-income economies but not in high-income economies.
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  • File scanned at 300 ppi (Monochrome, 8-bit Grayscale) using ScandAll PRO 1.8.1 on a Fi-6770A in PDF format. CVista PdfCompressor 4.0 was used for pdf compression and textual OCR.
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file details KhaodhiarSuthikul2001.pdf 2017-08-19 Público Descargar