Complementarities between Institutions and Openness in Economic Development: Evidence for a Panel of Countries

The main goal of the paper is to evaluate the sources of growth in Chile and the world in the last three decades, but stressing the role of complementarities in economic policies. Therefore, we evaluate the growth determinants for a sample of seventy-eight countries with information over the 1970-20...

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Autores principales: CALDERÓN,CÉSAR, FUENTES,RODRIGO
Lenguaje:English
Publicado: Instituto de Economía, Pontificia Universidad Católica de Chile 2006
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212006000100002
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spelling oai:scielo:S0717-682120060001000022006-10-13Complementarities between Institutions and Openness in Economic Development: Evidence for a Panel of CountriesCALDERÓN,CÉSARFUENTES,RODRIGO External Stocks Openness Volatility Growth The main goal of the paper is to evaluate the sources of growth in Chile and the world in the last three decades, but stressing the role of complementarities in economic policies. Therefore, we evaluate the growth determinants for a sample of seventy-eight countries with information over the 1970-2000 period. In contrast to Gallego and Loayza (2002), we test directly the existence of complementarities between trade and financial liberalization policies with: a) the initial conditions of the economy, b) human capital policies, and c) the quality of institutionsinfo:eu-repo/semantics/openAccessInstituto de Economía, Pontificia Universidad Católica de ChileCuadernos de economía v.43 n.127 20062006-05-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212006000100002en10.4067/S0717-68212006000100002
institution Scielo Chile
collection Scielo Chile
language English
topic External Stocks
Openness
Volatility
Growth
spellingShingle External Stocks
Openness
Volatility
Growth
CALDERÓN,CÉSAR
FUENTES,RODRIGO
Complementarities between Institutions and Openness in Economic Development: Evidence for a Panel of Countries
description The main goal of the paper is to evaluate the sources of growth in Chile and the world in the last three decades, but stressing the role of complementarities in economic policies. Therefore, we evaluate the growth determinants for a sample of seventy-eight countries with information over the 1970-2000 period. In contrast to Gallego and Loayza (2002), we test directly the existence of complementarities between trade and financial liberalization policies with: a) the initial conditions of the economy, b) human capital policies, and c) the quality of institutions
author CALDERÓN,CÉSAR
FUENTES,RODRIGO
author_facet CALDERÓN,CÉSAR
FUENTES,RODRIGO
author_sort CALDERÓN,CÉSAR
title Complementarities between Institutions and Openness in Economic Development: Evidence for a Panel of Countries
title_short Complementarities between Institutions and Openness in Economic Development: Evidence for a Panel of Countries
title_full Complementarities between Institutions and Openness in Economic Development: Evidence for a Panel of Countries
title_fullStr Complementarities between Institutions and Openness in Economic Development: Evidence for a Panel of Countries
title_full_unstemmed Complementarities between Institutions and Openness in Economic Development: Evidence for a Panel of Countries
title_sort complementarities between institutions and openness in economic development: evidence for a panel of countries
publisher Instituto de Economía, Pontificia Universidad Católica de Chile
publishDate 2006
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212006000100002
work_keys_str_mv AT calderoncesar complementaritiesbetweeninstitutionsandopennessineconomicdevelopmentevidenceforapanelofcountries
AT fuentesrodrigo complementaritiesbetweeninstitutionsandopennessineconomicdevelopmentevidenceforapanelofcountries
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