Effects of Trade Openness on Economic Growth: The Case of African Countries

dc.creatorYeboah, Osei-Agyeman
dc.creatorNaanwaab, Cephas B.
dc.creatorSaleem, Shaik
dc.creatorAkuffo, Akua S.
dc.date2017-04-01T17:41:39Z
dc.date.accessioned2026-07-09T05:54:36Z
dc.descriptionThe 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).
dc.identifierdoi:10.22004/ag.econ.119795
dc.identifierhttps://ageconsearch.umn.edu/record/119795/files/Yeboah_Saleem_Naanwaab_Akuffo-SAEA%202012%20II32.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/119795
dc.identifier.urihttp://hdl.handle.net/123456789/569911
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/119795
dc.titleEffects of Trade Openness on Economic Growth: The Case of African Countries
dc.typeText

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