Date of this Version
10-24-2016
Document Type
Working Paper
Abstract
We analyze the e ects of a country's export connections on its income growth using Trade Partner Diversi cation (TPD) measures that capture the country's relative importance in the international trade network. On top of the standard trade openness measures, TPD measures are shown to enter growth regressions positively and significantly, where one standard deviation increase in TPD is associated with a 1 to 1.5 percentage point increase in the annual growth rate. Threshold analyses show that TPD measures are positively and significantly correlated with growth in countries that have low financial depth, high inflation, low levels of human capital, or high trade openness.
Recommended Citation
Onder, Ali Sina and Yilmazkuday, Hakan, "Trade Partner Diversification and Growth: How Trade Links Matter" (2016). Economics Research Working Paper Series. 106.
https://digitalcommons.fiu.edu/economics_wps/106
Rights Statement
In Copyright. URI: http://rightsstatements.org/vocab/InC/1.0/
This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).