The Openness Index is an economic metric calculated as the ratio of country's
total trade, the sum of exports plus imports, to the country's gross domestic
Trade is the sum of exports and imports of goods and services measured as a
share of gross domestic product. World Bank national accounts data, and OECD
Jan 20, 2015 ... Trade openness is a measure of economic policies that either restrict or invite
trade between countries. For example, if a country sets a policy of ...
Openness to trade: exports plus imports as a share of GDP, ranked against ....
This indicator enables BIS to assess the UK's openness to trade over time and.
In 2009, the average trade-to-GDP ratio of OECD countries was about 41%,
nearly double ... This ratio is often called the trade openness ratio, although the
doubts on the way countries' trade openness is measured on the one hand, the ...
links and causality between trade openness, growth and income distribution is ...
to an important role for export diversification in conditioning the effect of trade
openness on growth volatility. Indeed, the effect of openness on volatility is
May 22, 2012 ... trade openness and long-run economic growth over the sample period ... Does
openness to international trade boost economic growth in the ...
tive relationship between trade openness and growth on average, but many of
them are marred ... 5.3 Links between institutions and openness in the literature.
Trade openness, popularly measured as (X +M)/GDP in the hundreds of studies
... of trade openness: trade intensity and the relative importance of a country's ...