Economic openness and income growth : a reassessment of the relationship for developing countries

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dc.contributor.authorYeboah, Richard
dc.contributor.authorUniversity of Lethbridge. Faculty of Arts and Science
dc.contributor.supervisorDarku, Alexander B.
dc.contributor.supervisorRockerbie, Duane
dc.date.accessioned2016-04-11T16:46:23Z
dc.date.available2016-04-11T16:46:23Z
dc.date.issued2016
dc.degree.levelMastersen_US
dc.description.abstractThis study analyzes the economic growth differentials among developing countries across Sub-Saharan Africa (SSA), Latin America and the Caribbean (LAC), South and East Asia (SEA) and High Performing Asian Economies (HPAEs), in the context of economic openness. We also investigate economic growth differences between developing countries that opened up their economy early (1960s) and those that opened up later (1980s). The results, using the SYS-GMM estimator show that, economic openness as measured by foreign direct investment positively affects economic growth in SSA and HPAEs. In LAC and SEA, it has no effect on growth. Openness as measured by international trade positively affects growth in SSA and HPAEs. In SEA, the effect is mixed while in LAC, trade has no effect on growth. The HPAEs recorded higher positive trade effect on growth relative to the other countries on account of efficiently managed inflation and well developed human capital.en_US
dc.embargoNoen_US
dc.identifier.urihttps://hdl.handle.net/10133/4461
dc.language.isoen_CAen_US
dc.proquest.subject0501en_US
dc.proquestyesYesen_US
dc.publisherLethbridge, Alta : University of Lethbridge, Dept. of Economicsen_US
dc.publisher.departmentDepartment of Economicsen_US
dc.publisher.facultyArts and Scienceen_US
dc.relation.ispartofseriesThesis (University of Lethbridge. Faculty of Arts and Science)en_US
dc.subjectdeveloping countriesen_US
dc.subjecteconomic growth differentialsen_US
dc.subjecteconomic opennessen_US
dc.subjectexternal sector opennessen_US
dc.subjectopenness-growth relationshipen_US
dc.titleEconomic openness and income growth : a reassessment of the relationship for developing countriesen_US
dc.typeThesisen_US
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