@techreport{NBERw5221, title = "Openness and Growth: A Time-Series, Cross-Country Analysis for Developing Countries", author = "Ann Harrison", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "5221", year = "1995", month = "August", URL = "http://www.nber.org/papers/w5221", abstract = {This paper draws together a variety of openness measures to test the association between openness and growth. Although the correlation across different types of openness is not always strong, there is generally a positive association between growth and different measures of openness. The strength of the association depends on whether the specification uses cross-section or panel data (which combines cross- section and time series). For industrializing countries, which have exhibited significant fluctuations in trade regimes over time, long run averages may not serve as very meaningful indicators of policy.}, }