Zhou, X. and Li, Kui-Wai (2010): Causality between Openness and Indigenous Factors among World Economies. Published in: Investment Management and Financial Innovations , Vol. 7, No. 2 (2010): pp. 159-166.
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The paper studies the causality relationship between economic openness and indigenous factors. The construction of the Openness Index and the Indigenous Index provides a measure on the extent of openness and indigenous development among world economies. The two indices are used to study their causality. The empirical findings show that there are bi-directional dynamic causality relationships between openness and indigenous factors. Indigenous factors help to forecast openness factors and vice versa.
|Item Type:||MPRA Paper|
|Original Title:||Causality between Openness and Indigenous Factors among World Economies|
|English Title:||Causality between Openness and Indigenous Factors among World Economies|
|Keywords:||Openness, indigeneity, panel data model, causality test|
|Subjects:||O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development
F - International Economics > F0 - General > F02 - International Economic Order
C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models; Multiple Variables > C33 - Models with Panel Data; Longitudinal Data; Spatial Time Series
|Depositing User:||Kui-Wai Li|
|Date Deposited:||05. Feb 2012 14:55|
|Last Modified:||15. Feb 2013 20:59|
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