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Openness and economic growth in developing and OECD countries


Idris, Jamilah and Yusop, Zulkornain and Habibullah, Muzafar Shah and Lee, Chin (2018) Openness and economic growth in developing and OECD countries. International Journal of Economics and Management, 12 (2). pp. 693-702. ISSN 1823-836X; ESSN: 2600-9390


This study explores the linkage between openness and economic growth in 86 developing and OECD countries from 1977 to 2011, using the Generalized Method of Moments (GMM) estimations. The empirical findings reveal that openness generally promotes economic growth in developing and OECD countries. This is consistent with the endogenous growth theory which states that growth increases with trade openness.

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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Putra Business School
Publisher: Faculty of Economics and Management, Universiti Putra Malaysia
Keywords: Economic growth; Openness; Panel data analysis; OECD; Developing countries
Depositing User: Nabilah Mustapa
Date Deposited: 12 Nov 2019 06:44
Last Modified: 12 Nov 2019 06:44
URI: http://psasir.upm.edu.my/id/eprint/16079
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