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- W2392585300 abstract "Traditional theories hold that the improvement of terms of trade would promote economic growth. Based on balanced panel data of 25 developing countries from 1980 to 2011, this paper empirically analyzes how changes in terms of trade affect economic growth. The results show that while the deterioration of terms of trade promotes economic growth in developing countries, this impact is weakened with the rise in the levels of economic development and openness; besides, frequent severe changes in terms of trade would adversely affect economic growth." @default.
- W2392585300 created "2016-06-24" @default.
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- W2392585300 date "2014-01-01" @default.
- W2392585300 modified "2023-09-23" @default.
- W2392585300 title "Empirical Study on Effect of Terms of Trade on Economic Growth in Developing Countries" @default.
- W2392585300 hasPublicationYear "2014" @default.
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