If China’s current rate of growth continues, the size of its economy will ex-­ ceed that of the United States in only 12 years. Even if this projection is overly optimistic, China’s growth track record has been remarkable, as can be seen in figure 4.1. Our chapter reflects on the Chinese growth experi-­ ence from the perspective of an empirical multicountry model in the neo-­ classical traditio...

The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper examines different explanations—initial conditions, openness to trade and FDI, and institutions—of the Mauritian growth experience...

The paper empirically examines the relationship between trade openness and the level of corruption in Pakistan using annual time-series data for the period 1984 to 2007. The analysis shows that trade openness negatively affects corruption in Pakistan. The results are robust to controlling for other corruption determining variables and various model specifications. Sensitivity analysis shows tha...

In this study, based on the Environmental Kuznets Curve (EKC) framework, we empirically examine the effects of trade openness and the level of economic development on pollution emission across the Chinese provinces. Our regression analysis shows that increasing trade openness contributes to higher pollution emission, where the effect of the former may be realized through its impacts on total fa...

This paper studies the e¤ects of international openness and contracting institutions on vertical integration. It …rst derives a number of predictions regarding the interactions between trade barriers, contracting costs, technology intensity, and the extent of vertical integration from a simple model with incomplete contracts. Then it investigates these predictions using a new dataset of over 14...

the current study examines the impact of trade openness and business environment on foreign direct investment among 23 countries in southwest asia over the period 2004 to 2012. the research approach is econometric and the generalized regression of panel data was used to test the effect of the variables of interest. the results show that trade openness directly (coefficient of 0.002, p-value = 0...

In this paper, we merge the heterogenous firm model of Melitz (2003) with the Ricardian model of Dornbusch, Fisher and Samuelson (DFS 1977) to explain how the pattern of international specialization and trade is determined by the interaction of comparative advantage, economies of scale, country sizes and trade barriers. The model is able to capture the existence of inter-industry trade and intr...

Trade openness and growth tend to be positively associated. Both crosscountry evidence and recent micro-econometric studies suggest this. However, cross-country comparisons leave many questions open. Apart from measurement problems with openness, causality is hard to establish. Recent micro-econometric evidence on the effects of trade reform sheds a clearer light on efficiency change and turnov...

This paper tries to test the relationship between trade openness and economic growth in Former Soviet Union countries after their independence in 1991. It has become an article of faith in most economic and political circles that opening up the economy to international trade will produce substantial benefits in terms of greater consumer choice and higher living standards. Higher productivity is...

urbanization, population growth and moving from traditional manufacturing industry to accelerate the process of economic development and parallel, significant environmental impacts are left. the purpose of this study is to investigate the effect of different variables such as trade openness, comparative advantage, production levels and other important variables affecting the emission of carbon ...