Openness in services trade and economic growth
Journal
Economics Letters
Date Issued
August 2006
Author(s)
DOI
10.1016/j.econlet.2006.03.003
Abstract
We examine the relationship between openness in services trade (both telecommunication and financial) and economic growth via the threshold regression model to test for a differential impact between low- and high-income countries. Results confirm the existence of a two-regime split. © 2006 Elsevier B.V. All rights reserved.