英文摘要 |
This paper uses a meta-analysis to investigate the relationship between trade openness and economic growth. Our results reveal that there is a significant genuine effect of openness on growth. This effect depends on the type of data, openness indicators, and countries of the articles used. For example, the impact of openness on growth is higher in the African countries, which implies that the trade policy is far more important in poor countries. We also find evidence of problems of heterogeneity and publication bias in the literature. The resulting meta-regression results show that the studies considered are different with respect to the openness indicator used, the type of data, the number of countries, and the sample of countries. The openness effects in African and other developing countries may be over magnified. |