Trade openness, export diversification and economic growth in the years 1995–2011

Tomasz Białowąs

Abstract


This paper addresses the mechanisms by which trade openness and export concentration affect economic growth in the years 1995–2011. The effect of openness on growth volatility varies according to the extent of export concentration. Export diversification plays an important role in shielding an economy against the impact of economic shocks.

Keywords


export diversification; trade openness; economic growth

Full Text:

PDF (Język Polski)

References


Agosin M.R., Alvarez R., Bravo-Ortega C., (2009), Determinants of Export Diversification around the World: 1962–2000, “Serie Documentos de Trabajo”, no. 309.

Al-Marhubi F., (2000), Export diversification and growth: an empirical investigation, “Applied Economics Letters”, vol. 7, no. 9, s. 559–562.

Baldwin R.E., Forslid R., (2000), Trade liberalisation and endogenous growth. A q-theory approach, “Journal of International Economics”, vol. 50, issue 2.

Baldwin R.E., Robert-Nicud F., (2008), Trade and growth with heterogeneous firms, “Journal of International

Economics”, vol. 74, issue 1.

Briguglio L., (2003), The Vulnerability Index and Small Island Developing States: A Review of Conceptual and Methodological Issues, Paper prepared for the AIMS Regional Preparatory Meeting on the Ten Year Review of the Barbados Programme of Action, 1–5 September. Praia, Cape Verde.

Dollar D., Kraay A., (2004), Trade growth and poverty, “Economic Journal”, vol. 114.

European Commission, (2012), Quarterly Report on the Euro Area, vol. 11, no. 2.

Frankel J.A., Romer D., (1999), Does trade cause growth?, “American Economic Review”, vol. 89, no. 3.

Giles J.A., Williams C.L., (2000), Export-led growth: a survey of the empirical literature and some non-causality results, Part 1, “Journal of International Trade and Economic Development”, vol. 9, no 3.

Harrison A., Rodríguez-Clare A., (2010), Trade, Foreign Investment, and Policy for Developing Countries, [w:] Rodrik D., Rosenzweig M.R., eds., Handbook of Development Economics, vol. 5, North-Holland, Oxford and Amsterdam.

Sachs J., Werner A.M., (1995), Economic reform and process of global integration, “Brookings Papers on Economic Activity”, no. 1.

UNCTAD, (2012), Handbook of statistics 2012.

UNCTAD, (2013), UNCTADStat, http://unctadstat.unctad.org/.

UNDP, (2011), Towards Human Resilience: Sustaining MDG Progress in an Age of Economic Uncertainty.

WTO, (2012), World Trade Report 2012.




DOI: http://dx.doi.org/10.17951/h.2013.47.2.17
Date of publication: 2015-07-23 22:35:23
Date of submission: 2015-07-19 15:59:08


Statistics


Total abstract view - 609
Downloads (from 2020-06-17) - PDF (Język Polski) - 0

Indicators



Refbacks

  • There are currently no refbacks.


Copyright (c) 2015 Tomasz Białowąs

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.