Economics, Econometrics and Finance
5 years ago

Trade openness hinders economic growth in East African Community countries.

Journal of Economics and Sustainable Development
Trade Openness and Economic Growth in East African Community (EAC) Member Countries
Salim Hamad Suleiman, Najat Nassor Suleiman

Paper Summary

Trade openness in East African Community countries was studied from 1990 to 2015 using the DOLS technique. The research found a negative relationship between trade openness and economic growth, which was statistically significant at 5%. Additionally, the study revealed that economic growth causes trade openness, not the other way around.

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