TY - JOUR
T1 - Trade barriers, openness, and economic growth
AU - Madsen, Jakob B.
PY - 2009/1/1
Y1 - 2009/1/1
N2 - Using a long data set on openness and productivity, this article tests the influence of openness on total factor productivity (TFP) growth and per capita growth since 1870 for 16 industrialized countries. It is shown, in simple regressions, that growth is, by and large, independent of openness. However, once the interaction between openness and foreign knowledge is allowed for, productivity is positively affected by openness.
AB - Using a long data set on openness and productivity, this article tests the influence of openness on total factor productivity (TFP) growth and per capita growth since 1870 for 16 industrialized countries. It is shown, in simple regressions, that growth is, by and large, independent of openness. However, once the interaction between openness and foreign knowledge is allowed for, productivity is positively affected by openness.
KW - F14
KW - F32
KW - Jel classification: f13
UR - http://www.scopus.com/inward/record.url?scp=70449365833&partnerID=8YFLogxK
U2 - 10.4284/sej.2009.76.2.397
DO - 10.4284/sej.2009.76.2.397
M3 - Article
AN - SCOPUS:70449365833
VL - 76
SP - 397
EP - 418
JO - Southern Economic Journal
JF - Southern Economic Journal
SN - 0038-4038
IS - 2
ER -
