Publication:
Trade Causes Growth in Sub-Saharan Africa

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dc.contributor.authorBruckner, Markus
dc.contributor.authorLederman, Daniel
dc.date.accessioned2014-08-29T18:40:26Z
dc.date.available2014-08-29T18:40:26Z
dc.date.issued2012-03
dc.description.abstractIn the 1990s the mainstream consensus was that trade causes growth. Subsequent research shed doubt on the consensus view, as evidence suggested that the identification of the effect of trade on growth was problematic in the existing literature. This paper contributes to this debate by focusing on growth in Sub-Saharan Africa. It estimates the effect of openness to international trade on economic growth with panel data. Employing instrumental variables techniques that correct for endogeneity bias, the empirical evidence suggests that within-country variations in trade openness cause economic growth: a 1 percentage point increase in the ratio of trade over gross domestic product is associated with a short-run increase in growth of approximately 0.5 percent per year; the long-run effect is larger, reaching about 0.8 percent after ten years. These results are robust to controlling for country and time fixed effects as well as political institutions.en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/03/15959535/trade-causes-growth-sub-saharan-africa
dc.identifier.doi10.1596/1813-9450-6007
dc.identifier.urihttps://hdl.handle.net/10986/19874
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6007
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABSOLUTE VALUE
dc.subjectADVERSE EFFECTS
dc.subjectAGRICULTURAL SECTOR
dc.subjectAGRICULTURE
dc.subjectARMED CONFLICT
dc.subjectBENEFITS OF TRADE
dc.subjectBILATERAL TRADE
dc.subjectBILATERAL TRADE DATA
dc.subjectBUSINESS CYCLE
dc.subjectCAPITAL ACCUMULATION
dc.subjectCOMMODITY PRICE
dc.subjectCOMPETITIVENESS
dc.subjectCOUNTRY CHARACTERISTICS
dc.subjectCOUNTRY LEVEL
dc.subjectCOUNTRY REGRESSIONS
dc.subjectCOUNTRY SPECIFIC
dc.subjectCUMULATIVE EFFECT
dc.subjectCURRENT ACCOUNT
dc.subjectDEPENDENT VARIABLE
dc.subjectDESCRIPTIVE STATISTICS
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING REGIONS
dc.subjectDEVELOPING WORLD
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT GOALS
dc.subjectDEVELOPMENT INDICATORS
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT REPORT
dc.subjectDISTRIBUTION OF INCOME
dc.subjectDYNAMIC PANEL
dc.subjectECONOMETRIC ANALYSES
dc.subjectECONOMETRIC ESTIMATES
dc.subjectECONOMETRIC MODELS
dc.subjectECONOMETRICS
dc.subjectECONOMIC CONDITIONS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC LITERATURE
dc.subjectEMPIRICAL EVIDENCE
dc.subjectERROR TERM
dc.subjectESTIMATED COEFFICIENT
dc.subjectEXPORT VOLUME
dc.subjectEXPORTS
dc.subjectFINANCIAL SECTOR
dc.subjectFIXED EFFECTS
dc.subjectFOREIGN MARKETS
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGRAVITY MODEL
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH EFFECT
dc.subjectGROWTH MODEL
dc.subjectGROWTH MODELS
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectGROWTH REGRESSIONS
dc.subjectIMPORT TARIFFS
dc.subjectIMPORT VOLUME
dc.subjectIMPORTS
dc.subjectINCOME DISTRIBUTION
dc.subjectINDEX GROWTH
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL TRADE
dc.subjectLONG-RUN GROWTH
dc.subjectMACROECONOMICS
dc.subjectMARGINAL EFFECT
dc.subjectMEASURE OF TRADE
dc.subjectMONETARY POLICY
dc.subjectNATIONAL ACCOUNTS
dc.subjectNEGATIVE EFFECT
dc.subjectPANEL REGRESSIONS
dc.subjectPER CAPITA GROWTH
dc.subjectPOLICY DEBATE
dc.subjectPOLICY INTERVENTIONS
dc.subjectPOLICY REFORMS
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL SYSTEMS
dc.subjectPOVERTY REDUCTION
dc.subjectREAL GDP
dc.subjectREGIONAL TRADE
dc.subjectREGIONAL TRADE INTEGRATION
dc.subjectRENT SEEKING
dc.subjectSERIAL CORRELATION
dc.subjectSIGNIFICANT EFFECT
dc.subjectTAX REVENUES
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRADE FLOWS
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE OPENNESS
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectTRADE VOLUMES
dc.subjectVOLUME OF TRADE
dc.subjectWAGE INEQUALITY
dc.titleTrade Causes Growth in Sub-Saharan Africaen
dspace.entity.typePublication
okr.crossref.titleTrade Causes Growth in Sub-Saharan Africa
okr.date.disclosure2012-03-31
okr.date.doiregistration2025-04-10T11:02:41.806417Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2012/03/15959535/trade-causes-growth-sub-saharan-africa
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticePoverty
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeTrade and Competitiveness
okr.guid701441468006257265
okr.identifier.doi10.1596/1813-9450-6007
okr.identifier.externaldocumentum000158349_20120321143306
okr.identifier.internaldocumentum15959535
okr.identifier.reportWPS6007
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/03/21/000158349_20120321143306/Rendered/PDF/WPS6007.pdfen
okr.region.administrativeAfrica
okr.region.geographicalSub-Saharan Africa
okr.topicLaw and Development::Trade Law
okr.topicInternational Economics and Trade::Free Trade
okr.topicInternational Economics and Trade::Trade Policy
okr.topicEconomic Theory and Research
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicMacroeconomics and Economic Growth
okr.unitInternational Trade Department, Poverty Reduction and Economic Management Network
okr.volume1 of 1
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relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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