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Growth in transition economies: A trade policy perspective

Lookup NU author(s): Dr David Barlow

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Abstract

This paper examines the influence of trade liberalization on GDP growth during the transition from communism. The level of trade liberalization is found to raise the growth rate, particularly in the early part of the transition and for the countries nearest to the European Union. For the remaining countries and for the later transition period, the positive influence of trade reform on growth requires the negative effect of the interaction between trade reform and privatization to be taken into account. Even with the interaction terms the effect of trade liberalization is not statistically significant in the later transition period. © 2006 The Authors Journal compilation © 2006 The European Bank for Reconstruction and Development.

Publication metadata

Author(s): Barlow D

Publication type: Article

Publication status: Published

Journal: Economics of Transition

Year: 2006

Volume: 14

Issue: 3

Pages: 505-515

ISSN (print): 0967-0750

ISSN (electronic): 1468-0351

Publisher: Wiley-Blackwell

URL: http://dx.doi.org/10.1111/j.1468-0351.2006.00264.x

DOI: 10.1111/j.1468-0351.2006.00264.x

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