Ouverture intra-régionale et dynamique de la croissance extravertie

Katuala, Hénock (2020): Ouverture intra-régionale et dynamique de la croissance extravertie.

Abstract

It is widely argued that foreign trade is an important determinant of growth. However, empirical research on the link between economic Intraregional openness and economic growth are limited, especially in the context of Central Africa. In addition, recent studies were presented in the work of Edwards (1989) and (1993) and generally conclude that close link between openness and economic growth in countries in transition. Using a dynamic panel model proposed by Arellano and Bond (1991), this article aims to verify the validity of these results in the context of the members countries of the Economic Community of Great Lakes (CECGL) during the period 2002-2018. Our results suggest that international trade influenced positive on economic growth. Econometric estimates made also attesting to this prediction. After some analysis additional robustness these results remain statistically significant. This ultimately leads us to develop the concept of extraverted growth.

• Item Type: MPRA Paper
• English Title: Intraregional openness and dynamics of outgoing growth
• Language: French
• Keywords: extraverted growth, Intra-regional Openness, Dynamic Model, CECGL.
• Subjects: C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C33 - Panel Data Models ; Spatio-temporal Models; F - International Economics > F1 - Trade > F15 - Economic Integration; F - International Economics > F1 - Trade > F18 - Trade and Environment; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence

References

O47, F18, C33, F15