Document Type
Article
Language
eng
Format of Original
23 p.
Publication Date
Summer 2003
Publisher
State of Qatar Institute of Administrative Development
Source Publication
Scientific Journal of Administrative Development
Source ISSN
1726-3239
Abstract
This paper examines the interaction between openness, growth, and development using a panel of forty-seven developing countries and five-year averages for the period, 1965-1990. Its primary objective is to determine whether there is a direct link between the level of development and openness, while controlling for the indirect effect of openness through its impact on economic growth. Using a two-equation simultaneous-equations model of development and growth and three alternative measures of openness, our findings suggest that openness has a positive influence on both economic growth and human development. We also find that while economic growth makes a positive contribution to development, the converse is not true in that the more developed a nation the slower its growth rate.
Recommended Citation
Nourzad, Farrokh and Powell, Jennifer J., "Openness, Growth, and Development: Evidence from a Panel of Developing Countries" (2003). Economics Faculty Research and Publications. 102.
https://epublications.marquette.edu/econ_fac/102
Comments
Published version. Scientific Journal of Administrative Development, Vol. 1, No. 1 (Summer 2003): 72-94. © 2003 State of Qatar Institute of Administrative Development. Used with permission.