01971cas a2200253 a 4500 AALejournalIMF009411 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451867206 1018-5941 BD-DhAAL BD-DhAAL Billmeier, Andreas. Trade Openness and Growth : Pursuing Empirical Glasnost / Andreas Billmeier, Tommaso Nannicini. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (52 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Studies of the impact of trade openness on growth are based either on cross-country analysis-which lacks transparency-or case studies-which lack statistical rigor. We apply transparent econometric methods drawn from the treatment evaluation literature to make the comparison between treated (i.e., open) and control (i.e., closed) countries explicit while remaining within a unified statistical framework. First, matching estimators highlight the rather far-fetched country comparisons underlying common cross-country results. When appropriately restricting the sample, we confirm a positive and significant effect of openness on growth. Second, we apply synthetic control methods-which account for endogeneity due to unobservable heterogeneity-to countries that liberalized their trade regime and we show that trade liberalization has often had a positive effect on growth. Mode of access: Internet Nannicini, Tommaso. IMF Working Papers; Working Paper ; No. 2007/156 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/156/001.2007.issue-156-en.xml IMF e-Library