教師資料查詢 | 類別: 期刊論文 | 教師: 孫育伯SUEN YU-BO (瀏覽個人網頁)

標題:Trade, Growth and Growth Volatility: New Panel Evidence
學年105
學期1
出版(發表)日期2016/09/01
作品名稱Trade, Growth and Growth Volatility: New Panel Evidence
作品名稱(其他語言)
著者Kim, D.H.; Lin, S.C.; Suen, Y. B.
單位
出版者
著錄名稱、卷期、頁數International Review of Economics and Finance 45, p.384-399
摘要This paper examines the relationships of trade with economic growth and growth volatility using the Chudik and Pesaran (2013) cross-sectionally augmented autoregressive distributed lag (CS-ARDL) panel data approach to account for the potential dynamic heterogeneity and cross-section dependency in the effects of trade. Some important results emerge. First, greater international trade, on average, promotes economic growth and amplifies growth volatility in the long run, and hence induces a positive long-run association between growth and growth volatility. Second, greater international trade stimulates economic activities and mitigates economic fluctuations, on average, in the short run, and therefore causes a negative short-run correlation between growth and growth volatility. And third, there is large heterogeneity in the effects of trade, depending upon a country's development level, financial system, macroeconomic policies, human capital, corruption, and labor regulation.
關鍵字Trade openness;Economic growth;Growth volatility;Heterogeneous panel
語言英文
ISSN1873-8036
期刊性質國外
收錄於SSCI;
產學合作
通訊作者
審稿制度
國別荷蘭
公開徵稿
出版型式,電子版,紙本
相關連結
SDGs
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