GDP per capita drives trade openness across all income groups!
The article investigates how factors like GDP per capita affect trade openness in different income groups. Using data from 85 countries between 1990-2017, the researchers found that higher GDP per capita leads to increased trade openness across low, middle, and high-income countries. They used a time fixed effects model to analyze the data and concluded that GDP per capita has a positive impact on trade openness in all income groups.