The Effect Of Openness On Economic Growth: Panel Data Analysis

Mehmet Mercan, Mercan (2012) The Effect Of Openness On Economic Growth: Panel Data Analysis. In: 3rd International Symposium on Sustainable Development, May 31 - June 01 2012, Sarajevo.

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Abstract

In this study, the effect of openness on economic growth was searched for the most rapidly developing countries(emerging markets)(Brazil,Russia,India,China and Turkey,BRIC-T) via panel data analysis by using the annual data of the period from 1989 to 2010. As openness variable, the proportion of external trade scale to GDP was used. According to empirical evidence derived from the study made with panel data analysis it was found that the effect of openness on economic growth was positive and statistically significant in line with theoretical expectations. Keywords:Trade Openness, Economic Growth, BRIC Countries, Turkey. Jel Codes: E41, F43, G53

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Divisions: Faculty of Economics > Management Department
Depositing User: Users 173 not found.
Date Deposited: 01 Nov 2012 14:20
Last Modified: 01 Nov 2012 14:20
URI: http://eprints.ibu.edu.ba/id/eprint/1322

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