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- W176783256 abstract "This study examines the eects of openness to trade on total factor productivity (TFP) growth using the data from 45 Japanese manufacturing industries. The extreme bound analysis (EBA) test is employed to perform a sensitivity analysis. The results of EBA test of Japanese manufacturing industries do not support the hypothesis of “the virtuous cycle of trade and growth.” First, among several measures of growth, output growth appears to be mostly robust and positive in explaining the TFP growth of 45 Japanese manufacturing industries. Second, most of the variables of openness to trade do not show a robust and positive relationship with TFP growth. Considering these findings that trade expansion has an insignificant and ambiguous eect on TFP growth, a scale ef" @default.
- W176783256 created "2016-06-24" @default.
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- W176783256 date "2004-11-01" @default.
- W176783256 modified "2023-09-24" @default.
- W176783256 title "Does openness to trade affect total factor productivity growth: evidence from 45 japanese manufacturing industries" @default.
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