Leitão, Nuno Carlos (2012): The impact of trade on economic growth.
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The purpose of this article is to investigate the impact of marginal intra-industry trade on economic growth. The manuscript questions the economic growth exogenous models. It introduces new proxies to explain the economic growth as in marginal intra-industry trade, foreign direct investment and globalization index. The results indicate that economic growth is a dynamic process. The change of intra-industry has a positive impact on economic growth. This paper confirms relevant theoretical hypothesis as foreign direct investment and globalization promote the economic growth. The good results obtained with GMM system estimator suggest that the building of dynamic theoretical models will be of interest to academic researchers the link between marginal intra-industry trade and economic growth.
|Item Type:||MPRA Paper|
|Original Title:||The impact of trade on economic growth|
|English Title:||The impact of trade on economic growth|
|Keywords:||Endogenous models, Panel Data, and United States|
|Subjects:||N - Economic History > N1 - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
C - Mathematical and Quantitative Methods > C2 - Single Equation Models; Single Variables > C23 - Models with Panel Data; Longitudinal Data; Spatial Time Series
|Depositing User:||Nuno Carlos Leitão|
|Date Deposited:||19. Mar 2012 01:23|
|Last Modified:||21. Feb 2013 00:28|
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