The effects of openness and indigeneity on Growth: Evidence from nonparametric panel data model with two-way random effect

Xianbo Zhou, Kui-Wai Li

Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review

Abstract

This paper contributes to the globalization debate by studying the overall effect on growth of openness and indigenous factors. The empirical results show that the openness factors averagely promote growth whereas the indigeneity factors have a negative effect on growth. The conclusion is robust in parametric and nonparametric models. Industrialized economies score relatively high in terms of performance in both factors, but there is a high threshold beyond which the effects of these factors on growth are slower. Among the developing economies, openness is a necessary and pre-requisite condition for growth, but the achievement of a high level of indigeneity is more important for sustainable growth. © 2011 IEEE.
Original languageEnglish
Title of host publication2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings
Pages3642-3645
DOIs
Publication statusPublished - 2011
Event2nd International Conference on E-Business and E-Government, ICEE 2011 - Shanghai, China
Duration: 6 May 20118 May 2011

Conference

Conference2nd International Conference on E-Business and E-Government, ICEE 2011
PlaceChina
CityShanghai
Period6/05/118/05/11

Research Keywords

  • growth
  • indigeneity index
  • non-parametric estimation
  • openness index
  • two-way random effects

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