지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
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We revisit the relationship between trade openness and economic growth using the panel threshold regression model. We find that the relationship is not linear at the threshold point: A negative relationship is found in a less developed economy below the threshold, but a positive relationship in a more developed economy above the threshold. It may imply that the economy has a critical point that the benefit of trade openness surpasses the negative effect of trade openness. This article employs the panel threshold regression model to endogenously determine an optimal level of the threshold in the econometric model when samples are classified into different groups. Using this model, we attempt to test whether the relationship between trade openness and economic growth varies with the threshold level of the real GDP per capita.
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참고문헌 (22)
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/ / http://data.worldbank.org/data-catalog/world-development-indicators
/ / http://pwt.econ.upenn.edu/cic_main.html
Arterta, Carlos / 2001 / When Does Capital Account Liberalization Help More Than Hurts?
Bekaert, Geert / 2000 / Emerging Equity Market and Economic Development
Bick, A. / 2010 / Threshold effects of inflation on economic growth in developing countries / Economics Letters 108 : 126 ~ 129
Bekaert, Geert / 2000 / Emerging Equity Market and Economic Development
Bick, A. / 2010 / Threshold effects of inflation on economic growth in developing countries / Economics Letters 108 : 126 ~ 129
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