No . 1826 Trade Liberalization and Growth : New Evidence

  title={No . 1826 Trade Liberalization and Growth : New Evidence},
  author={Romain Wacziarg and Karen Horn Welch},
This paper revisits the empirical evidence on the relationship between economic integration and economic growth. First, we present an updated dataset of openness indicators and trade liberalization dates for a wide cross-section of countries in the 1990s. Second, we extend the Sachs and Warner (1995) study of the relationship between trade openness and economic growth to the 1990s, discussing recent criticisms of their measurement and estimation framework. Our results suggest that the cross… CONTINUE READING