Openness, Productivity and Growth: What Do We Really Know?

@article{Edwards1997OpennessPA,
  title={Openness, Productivity and Growth: What Do We Really Know?},
  author={Sebastian Edwards},
  journal={NBER Working Paper Series},
  year={1997}
}
  • S. Edwards
  • Published 1 March 1997
  • Economics
  • NBER Working Paper Series
For over a century social analysts have debated the connection between trade policy and economic performance. This controversy continues today, even as the world is experiencing an unprecedented period of trade liberalization, and in spite of numerous empirical studies that claim to have found a positive effect of openness on growth. Two issues have been at the core of these controversies: first, until recently theoretical models had been unable to link trade policy to faster equilibrium growth… 
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