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Trade policy, exchange rates and growth

Author: Sebastian Edwards; National Bureau of Economic Research.
Publisher: Cambridge, MA : National Bureau of Economic Research, [1993]
Series: Working paper series (National Bureau of Economic Research), working paper no. 4511.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Abstract: This paper analyzes the relationship between trade policy and economic performance. The paper is divided in two fundamental parts. The first one uses a cross country data set to investigate the relationship between trade policy and productivity growth. It is found that countries that are more open to the rest of the world have experienced faster growth in total factor productivity than countries with high  Read more...
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Additional Physical Format: Print version:
Edwards, Sebastian, 1953-
Trade policy, exchange rates and growth.
Cambridge, MA : National Bureau of Economic Research, [1993]
(OCoLC)29386031
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Sebastian Edwards; National Bureau of Economic Research.
OCLC Number: 647339229
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (44, [29] pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: Working paper series (National Bureau of Economic Research), working paper no. 4511.
Responsibility: Sebastian Edwards.

Abstract:

Abstract: This paper analyzes the relationship between trade policy and economic performance. The paper is divided in two fundamental parts. The first one uses a cross country data set to investigate the relationship between trade policy and productivity growth. It is found that countries that are more open to the rest of the world have experienced faster growth in total factor productivity than countries with high trade barriers. In the second part the recent Latin American experiences with trade liberalization reforms are investigated. It is shown that in the last few years the Latin American countries have gone from having one of the most distorted external sectors, to having very low degrees of protectionism. The extent of the liberalization efforts is documented and the effect on productivity and exports is investigated.

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