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Multilateral Trade Liberalization and Economic Growth

Author

Listed:
  • Gnangnon, Sena Kimm

    (World Trade Organization)

Abstract

Over the last years, the world has experienced a backlash against trade. It could translate into a strong appeal to trade protectionism, lowering multilateral cooperation and delaying further trade liberalization at both domestic and international level. Against this background, this paper assesses the impact of multilateral trade liberalization on the economic growth rate by using an unbalanced panel dataset comprising 150 countries over the period 1995~2015.Results suggest a strong positive impact of multilateral trade liberalization on economic growth in both entire sample and sub-samples alike.

Suggested Citation

  • Gnangnon, Sena Kimm, 2018. "Multilateral Trade Liberalization and Economic Growth," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 33(2), pages 1261-1301.
    • Handle: RePEc:ris:integr:0733
    as

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    Citations

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    Cited by:

    1. Rim Mekki, 2019. "The Impact of Banking Regulation on the Emergence of Crises in Emerging Countries," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 9(8), pages 901-912, August.
    2. Sèna Kimm Gnangnon, 2021. "Services diversification and economic growth," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 18(1), pages 49-86, June.
    3. Mehmet Huseyin Bilgin, 2019. "Trade Liberalization: Is It Desirable for All Developing Economies?: A Literature Review," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(3), pages 199-204, December.
    4. Adedapo Odebode & Olajide Sunday Oladipo, 2021. "Does Meaningful Relationship Exist Between Trade Liberalization and Economic Growth? A Case Study of a Small Open Economy," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 11(2), pages 1-5.
    5. Keyi Duan & Mingyao Cao & Nurhafiza Abdul Kader Malim, 2022. "The Relationship between Trade Liberalization, Financial Development and Carbon Dioxide Emission—An Empirical Analysis," Sustainability, MDPI, vol. 14(16), pages 1-14, August.
    6. Sertić Martina Basarac & Vučković Valentina & Andabaka Ana, 2024. "Examining the Effects of Trade Liberalisation Using a Gravity Model Approach," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 18(1), pages 1-12, January.
    7. Claire Emilienne Wati Yameogo & Joseph Ayoola Omojolaibi, 2021. "Trade liberalisation, economic growth and poverty level in sub-Saharan Africa (SSA)," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 34(1), pages 754-774, January.
    8. Oludayo Elijah Adekunle & Samson Olusegun Akinwale, 2020. "Trade Liberalization and Manufacturing Sector in Nigeria," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(3), pages 90-96, September.

    More about this item

    Keywords

    Multilateral trade liberalization; Economic growth; Developed and developing countries;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

    Statistics

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