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
Explore correlation between gross domestic product (GDP) and openness to
trade (trade as percentage of gdp). You can also click on individual countries and
The ratio of trade to GDP - an indicator of trade 'openness' - has increased for
most trading nations, and is a result of globalisation, and trade liberalisation.
Sep 30, 2015 ... Global growth remains fragile after the 2008-2009 crisis. Trade growth is weaker
than at any time in the last two decades. While protectionism ...
May 22, 2012 ... trade openness and long-run economic growth over the sample period ...
Ricardian-Hecksher-Ohlin trade theory points out that openness to.
Keywords: Export diversification, growth volatility, trade openness ... total effect of
trade openness on growth volatility changes from negative to positive?
and what they are interested in is to assess the impact of trade policy or trade
liberalization on economic growth. For other authors however, trade openness is
volatility is related to trade openness using an industry-level panel data set ... plot
of trade openness and the volatility of GDP growth in the 1990s for a large ...
Trade Openness and Volatility. Prepared by Julian di Giovanni and Andrei A.
Levchenko*. * We would like to thank Fernando Broner, Andre Faria, Jean Imbs,
This paper empirically analyzes the effect of trade openness on culture,
measured by ... economists regarding the net economic benefits of trade