Openness Can Be Good for Growth: The Role of Policy Complementarities
This paper studies how the effect of trade openness on economic growth may depend on complementary reforms that help a country take advantage of international competition. This issue is illustrated with a simple Harris-Todaro model where welfare gains after trade openness depend on the degree of lab...
Main Authors: | Chang, Roberto, Kaltani, Linda, Loayza, Norman V. |
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Format: | Journal Article |
Language: | EN |
Published: |
2012
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/5507 |
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