文章基本信息

标题：Openness and productivity of the Swiss economy
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作者：Reto Föllmi ; Angela Fuest ; Philipp an de Meulen 等
期刊名称：Swiss Journal of Economics and Statistics
电子版ISSN：2235-6282
出版年度：2018
卷号：154
期号：1
页码：1-21
DOI：10.1186/s41937-018-0021-3
语种：English
出版社：Springer
摘要：This paper analyzes the connection between openness and economic performance in Switzerland. Considering different dimensions of openness, we show that the Swiss economy is classified as relatively open. Nevertheless, there still is potential to further increase international integration, particularly through deregulation in the services sector. We also show that for some branches in the Swiss manufacturing sector, increases in international trade are associated with higher productivity in the long run. With regard to financial openness, we show that in the aftermath of the financial crisis, Switzerland mainly suffered from capital retrenchment. Foreign capital inflows were of minor importance. Short-run costs due to high volatility of capital flows might therefore be lower than widely perceived.
关键词：Productivity;Openness;Trade barriers