Trade Structure, FTAs, and Economic Growth
What is the relationship between trade and economic growth? Does trade positively affect economic growth? Due to the ambiguity of the relationship between trade and growth, the empirical relationship remains open (Rodriguez and Rodrik 2001; Baldwin 2003). This paper introduces trade structure variables, borrowed from the recent paper of Lederman and Maloney (2003), and applying them to the relationship. A dynamic panel estimation for the data of 66 countries during 1991-2004 is used to verify the validity and robustness of the relationship. Trade structure variables show strong evidence of positive effects on growth. Free trade agreements/areas (FTAs) also enhance economic growth. East Asia shows a different relationship between trade and growth compared to the world, and a weaker role of FTAs in its growth.
Trade Structure FTA Growth SCP paradigm Dynamic Panel Estimation East Asia
Chan-Hyun Sohn Hongshik Lee
Kangwon National University Inha University
国际会议
The 7th Northeast Asia Management & Economy Joint Conference(第七届东北亚经济与管理论坛)
北京
英文
507-527
2008-10-25（万方平台首次上网日期，不代表论文的发表时间）