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文章基本信息

  • 标题:Effects of Trade Openness on Economic Growth: The Case of African Countries
  • 本地全文:下载
  • 作者:Yeboah, Osei-Agyeman ; Naanwaab, Cephas ; Saleem, Shaik
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2012
  • 期号:Suppl
  • 出版社:Journal of Agribusiness
  • 摘要:The relationship between trade and productivity has not been established theoretically. Some researchers have indeed found some, if not complete, support for the view that increasing openness has a positive impact on productivity. This study used a Cobb-Douglas production function as in Miller and Upadhyay (2000) to estimate the impact of FDI, exchange rate, capital-labor ratio and trade openness on GDP for 38 African countries from 1980 to 2008. Data were transformed to natural logs and estimated using alternative panel models; which included one- or-two-way fixed or random effects models. The results found trade openness having a positive relationship with GDP; which is comparable to findings of Ahmed et al.; (2008).
  • 关键词:Trade Openness;Productivity;Africa;Cobb Douglas Production Function.
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