Trade openness, export diversification and economic growth in the years 1995–2011

Tomasz Białowąs

Abstract


This paper addresses the mechanisms by which trade openness and export concentration affect economic growth in the years 1995–2011. The effect of openness on growth volatility varies according to the extent of export concentration. Export diversification plays an important role in shielding an economy against the impact of economic shocks.

Keywords


export diversification; trade openness; economic growth

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References


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DOI: http://dx.doi.org/10.17951/h.2013.47.2.17
Date of publication: 2015-07-23 22:35:23
Date of submission: 2015-07-19 15:59:08


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