Record, Francis (2025): Trade Openness and Economic Growth in Southeast Asia.
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Abstract
This paper investigates the extent to which the integration of Southeast Asian countries into the global economy has contributed to their economic growth. It uses regression analysis to model the relationship between trade openness and economic growth, identifying policy lessons on the key drivers of convergence for the next set of developing countries that seek to achieve rapid rates of economic growth in the context of a more challenging globalization context.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Trade Openness and Economic Growth in Southeast Asia |
| Language: | English |
| Keywords: | Southeast Asia, trade, globalization, economic growth |
| Subjects: | F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F43 - Economic Growth of Open Economies F - International Economics > F6 - Economic Impacts of Globalization > F63 - Economic Development |
| Item ID: | 127607 |
| Depositing User: | Mr Francis Record |
| Date Deposited: | 07 Jan 2026 09:34 |
| Last Modified: | 14 Mar 2026 15:08 |
| References: | Rathore, S. (2020) Econometrics: Dummy Variables in Regression Models, Click to Connect. 2020. Frankel, J. A, & Romer, D. (1999) “Does Trade Cause Growth?” American Economic Review, vol. 89, no. 3, June, pp. 379–399, pubs.aeaweb.org/doi/pdfplus/10.1257/aer.89.3.379, https://doi.org/10.1257/aer.89.3.379. Goldin, C. (2014) Human Capital. Springer-Verlag, 23 Feb. 2014. OECD (2025) “Investment for Trade and Economic Development”, www.oecd.org/en/topics/investment-for-trade-and-economic-development.html. Montevirgen, K. (2025) “Comparative Advantage | Definition, Economics, & Facts Definition | Britannica Money.” Www.britannica.com, 21 Feb. 2025, www.britannica.com/money/comparative-advantage. Potters, C. (2024) “Variance Inflation Factor Definition.” Investopedia, www.investopedia.com/terms/v/variance-inflation-factor.asp. Rana, R. (2023) Determinants of Trade Openness: A Cross-Country Analysis 1. Raisova, M. & Ďurčová, J. (2014). Economic Growth-supply and Demand Perspective. Procedia Economics and Finance. 15. 184-191.10.1016/S2212-5671(14)00476-6. Our World in Data (2025) “Research & Development Spending as a Share of GDP”, ourworldindata.org/grapher/research-spending-gdp. Rodrik, D. & Rodríguez, F. (2001) Trade Policy and Economic Growth: A Skeptic’s Guide to the Cross-National Evidence. In: Bernanke, B. and Rogoff, K.S., Eds., Macroeconomics Annual 2000, MIT Press, Cambridge, 261-338. https://doi.org/10.2307/3585399 Rodrik, D., Subramanian, A. & Trebbi, F. (2004) Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development. Journal of Economic Growth 9, 131–165. https://doi.org/10.1023/B:JOEG.0000031425.72248.85 Sachs, J. D., & Warner, A. (1995) “Economic Reform and the Process of Global Integration.” Brookings Papers on Economic Activity, vol. 1995, no. 1, p. 1, https://doi.org/10.2307/2534573. Seno-Alday, S. (2015) “What ASEAN Can Teach the World about Surviving a Financial Crisis.” The University of Sydney, www.sydney.edu.au/news-opinion/news/2015/09/29/what-asean-can-teach-the-world-about-surviving-a-financial-crisi.html. Tiwari, B.B. (2025) “Unit- 2: Lecture-4 (Factor Endowment Theory).” SlideShare, Slideshare, 2020, www.slideshare.net/slideshow/unit-2-lecture4-factor-endowment-theory/238543000. Accessed 5 Sept. Valchanov, I. (2018) “Sum of Squares: SST, SSR, SSE.” 365 Data Science, 365datascience.com/tutorials/statistics-tutorials/sum-squares/. World Bank (2025) “Glossary DataBank.” Databank.worldbank.org, databank.worldbank.org/metadataglossary/all/series. |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/127607 |
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Trade Openness and Economic Growth in Southeast Asia. (deposited 07 Jan 2026 09:34)
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