Economics, Econometrics and Finance
4 years ago

Trade openness boosts economic growth, new study confirms

RePEc: Research Papers in Economics
Trade Openness and Growth; Pursuing Empirical Glasnost
Andreas Billmeier, Tommaso Nannicini

Paper Summary

Trade openness can lead to economic growth. Researchers used clear statistical methods to compare countries that opened up to trade with those that didn't. They found that countries that opened up their trade had a positive impact on their economic growth.

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