Contents of the volume

2020, Volume 73 - Issue 2

ISSN: 2499-8265
RSS feed citation: at RePEc
Publication date: 06 May 2020

THE PERSISTING US TRADE DEFICIT. IS PROTECTIONISM THE RIGHT ANSWER?

Riccardo Fiorentini

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GLOBALISATION AND ECONOMIC GROWTH: A PANEL DATA APPROACH

Cândida Ferreira

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TRADE RELATION BETWEEN INDIA AND OTHER BRICS COUNTRIES: A MULTIDIMENSIONAL APPROACH USING GRAVITY MODEL AND GRANGER CAUSALITY

Narayanasamy Kubendran

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STRATEGIC TRADE POLICY WITH ASYMMETRIC BARGAINING AGENDA

Luciano Fanti, Domenico Buccella

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TRADE LINKAGES AND BUSINESS CYCLE CO-MOVEMENT: ANALYSIS OF TRADE BETWEEN AFRICAN ECONOMIES AND THEIR MAIN TRADE PARTNERS

Lumengo Bonga-Bonga, Emilie Kinfack

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TECHNICAL EFFICIENCY AND ECONOMIC GROWTH IN THE SADC REGION

Mduduzi Biyase, Mokgadi Maleka, Abelwe Maluleka, Talent Zwane

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Genoa Chamber of Commerce
Economia Internazionale / International Economics

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Corresponding author

Cândida FERREIRA, Lisbon School of Economics and Management, Universidade de Lisboa and UECE – Research Unit in Complexity and Economics, Lisboa, Portugal

Globalisation and Economic Growth: A Panel Data Approach

Pages

187-236

Abstract

Using different kinds of panel unit root and cointegration tests as well as panel estimations this paper seeks to improve upon the existing literature by analysing the relationship between globalisation and economic growth in 87 countries across all continents over the period 1970–2016. The results obtained confirm the existence of long-run relationships between the real GDP per capita and all the indices included in the new version of the KOF globalisation index as well as that globalisation is clearly relevant to economic growth. Moreover, there is evidence that this is a very complex relationship, being hard to conclude that globalisation always benefits economic growth. In addition, the comparison of the results obtained for the whole sample including 87 countries and those obtained for the sub-sample of the 16 European countries do not provide clear demonstration that the geographic proximity or the recent process of European integration are very relevant in terms of the contribution of globalisation to economic growth.

JEL classification

C22, E10, F41, F62

Keywords

Economic Growth, Globalisation, KOF Globalisation Index, Cointegration, Panel Estimations

Index

  1. Introduction
  2. Methodology
  3. Data and empirical results
  4. Concluding remarks

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