메뉴 건너뛰기




Volumn 43, Issue 127, 2006, Pages 49-80

Complementarities between institutions and openness in economic development: Evidence for a panel of countries

Author keywords

External stocks; Growth; Openness; Volatility

Indexed keywords


EID: 33750396804     PISSN: 07160046     EISSN: 07176821     Source Type: Journal    
DOI: 10.4067/S0717-68212006000100002     Document Type: Review
Times cited : (16)

References (56)
  • 3
    • 0033482921 scopus 로고    scopus 로고
    • Symmetrically normalized instrumental-variable estimation using panel data
    • Alonso-Borrego, C., and M. Arellano (1999). "Symmetrically Normalized Instrumental-Variable Estimation Using Panel Data." Journal of Business and Economic Statistics 17(1): 36-49.
    • (1999) Journal of Business and Economic Statistics , vol.17 , Issue.1 , pp. 36-49
    • Alonso-Borrego, C.1    Arellano, M.2
  • 4
    • 84881844837 scopus 로고
    • Some tests of specification for panel data: Monte carlo evidence and an application to employment equations
    • Arellano, M., and S. Bond (1991). "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations." Review of Economic Studies 58(2): 277-297.
    • (1991) Review of Economic Studies , vol.58 , Issue.2 , pp. 277-297
    • Arellano, M.1    Bond, S.2
  • 5
    • 58149364940 scopus 로고
    • Another look at the instrumental-variable estimation of error-components models
    • Arellano, M., and O. Bover (1995). "Another Look at the Instrumental-Variable Estimation of Error-Components Models." Journal of Econometrics 68(1): 29-52.
    • (1995) Journal of Econometrics , vol.68 , Issue.1 , pp. 29-52
    • Arellano, M.1    Bover, O.2
  • 6
    • 21444457566 scopus 로고    scopus 로고
    • Policy complementarities and the washington consensus
    • September
    • Aziz, J., and R.F. Wescott (1997). "Policy Complementarities and the Washington Consensus." IMF Working Paper WP/97/118, September.
    • (1997) IMF Working Paper WP/97/118
    • Aziz, J.1    Wescott, R.F.2
  • 7
    • 0026277597 scopus 로고
    • Economic growth in a cross section of countries
    • May, Papers and Proceedings, 1990
    • Barro, R. J. (1991). "Economic Growth in a Cross Section of Countries." Quarterly Journal of Economics 106 (May, Papers and Proceedings, 1990): 407-443.
    • (1991) Quarterly Journal of Economics , vol.106 , pp. 407-443
    • Barro, R.J.1
  • 8
    • 0034918605 scopus 로고    scopus 로고
    • International data on educational attainment: Updates and implications
    • Barro, R. J., and J.-W. Lee (2001). "International Data on Educational Attainment: Updates and Implications." Oxford Economic Papers 53(3): 541-563.
    • (2001) Oxford Economic Papers , vol.53 , Issue.3 , pp. 541-563
    • Barro, R.J.1    Lee, J.-W.2
  • 10
    • 0034465125 scopus 로고    scopus 로고
    • A new database on financial development and structure
    • Beck, T., A. Demirgüç-Kunt, and R. Levine (2000). "A New Database on Financial Development and Structure." World Bank Economic Review 14(3): 597-605.
    • (2000) World Bank Economic Review , vol.14 , Issue.3 , pp. 597-605
    • Beck, T.1    Demirgüç-Kunt, A.2    Levine, R.3
  • 12
    • 85059047025 scopus 로고    scopus 로고
    • Did financial liberalization spur growth?"
    • forthcoming
    • _ (2005). "Did Financial Liberalization Spur Growth?" Journal of Financial Economics, forthcoming.
    • (2005) Journal of Financial Economics
  • 13
    • 0001438979 scopus 로고    scopus 로고
    • Initial conditions and moment restrictions in dynamic panel data models
    • Blundell, R., and S. R. Bond (1998). "Initial Conditions and Moment Restrictions in Dynamic Panel Data Models." Journal of Econometrics 87(1): 115-143.
    • (1998) Journal of Econometrics , vol.87 , Issue.1 , pp. 115-143
    • Blundell, R.1    Bond, S.R.2
  • 16
    • 38249010793 scopus 로고
    • Intermediation and the equilibrium allocation of investment capital: Implications for economic development
    • Boyd, J. H., and B. D. Smith (1992). "Intermediation and the Equilibrium Allocation of Investment Capital: Implications for Economic Development." Journal of Monetary Economics 30(3): 409-432.
    • (1992) Journal of Monetary Economics , vol.30 , Issue.3 , pp. 409-432
    • Boyd, J.H.1    Smith, B.D.2
  • 18
    • 36448981594 scopus 로고    scopus 로고
    • The relative richness of the poor? Natural resources, human capital, and economic growth
    • February. Washington: World Bank
    • Bravo-Ortega, C., and J. De Gregorio (2005). "The Relative Richness of the Poor? Natural Resources, Human Capital, and Economic Growth." Policy research working paper WPS3484, February. Washington: World Bank.
    • (2005) Policy Research Working Paper WPS3484
    • Bravo-Ortega, C.1    De Gregorio, J.2
  • 19
    • 84888820542 scopus 로고    scopus 로고
    • Why some reformers grow faster, while others don't?
    • Central Bank of Chile
    • Calderón, C., and J. R. Fuentes (2006). "Why some reformers grow faster, while others don't? Mimeo, Central Bank of Chile.
    • (2006) Mimeo
    • Calderón, C.1    Fuentes, J.R.2
  • 21
    • 0029482881 scopus 로고
    • International R&D spillovers
    • Coe, D., and E. Helpman (1995). "International R&D Spillovers." European Economic Review 39: 859-587.
    • (1995) European Economic Review , vol.39 , pp. 859-1587
    • Coe, D.1    Helpman, E.2
  • 22
    • 0011308199 scopus 로고    scopus 로고
    • Financial integration, financial development and economic growth
    • De Gregorio, J. (1999). "Financial Integration, Financial Development and Economic Growth." Estudios de Economía 26(2): 137-161.
    • (1999) Estudios de Economía , vol.26 , Issue.2 , pp. 137-161
    • De Gregorio, J.1
  • 23
    • 0026471194 scopus 로고
    • Outward-oriented developing economies really do grow more rapidly: Evidence from 95 LDCs, 1976-1985
    • Dollar, D. (1992). "Outward-Oriented Developing Economies Really Do Grow More Rapidly: Evidence from 95 LDCs, 1976-1985." Economic Development and Cultural Change 40(3): 523-544.
    • (1992) Economic Development and Cultural Change , vol.40 , Issue.3 , pp. 523-544
    • Dollar, D.1
  • 24
    • 0040755050 scopus 로고    scopus 로고
    • The middle class consensus and economic development
    • Easterly, W. (2001). "The Middle Class Consensus and Economic Development." Journal of Economic Growth 6(4): 317-335.
    • (2001) Journal of Economic Growth , vol.6 , Issue.4 , pp. 317-335
    • Easterly, W.1
  • 25
    • 66049087363 scopus 로고    scopus 로고
    • National policies and economic growth: A reappraisal
    • Forthcoming in: Aghion, P. and S. Durlauf (eds.), Amsterdam: North-Holland, Elsevier Science
    • Easterly, W. (2005). "National Policies and Economic Growth: A Reappraisal." Forthcoming in: Aghion, P. and S. Durlauf (eds.), Handbook of Economic Growth. Amsterdam: North-Holland, Elsevier Science.
    • (2005) Handbook of Economic Growth.
    • Easterly, W.1
  • 26
    • 0031395736 scopus 로고    scopus 로고
    • Has latin America's post-reform growth been disappointing?
    • Easterly, W., N. Loayza, and P. Montiel (1997). "Has Latin America's Post-Reform Growth Been Disappointing?" Journal of International Economics 43(3-4): 287-311.
    • (1997) Journal of International Economics , vol.43 , Issue.3-4 , pp. 287-311
    • Easterly, W.1    Loayza, N.2    Montiel, P.3
  • 28
    • 0031778347 scopus 로고    scopus 로고
    • Openness, productivity, and growth: What do we really know?
    • Edwards, S. (1998). "Openness, Productivity, and Growth: What Do We Really Know?" Economic Journal 108(447): 383-398.
    • (1998) Economic Journal , vol.108 , Issue.447 , pp. 383-398
    • Edwards, S.1
  • 29
    • 0035699209 scopus 로고    scopus 로고
    • Capital account liberalization: What do cross-country studies tell us?
    • Eichengreen, B. (2001). "Capital Account Liberalization: What Do Cross-Country Studies Tell Us?" The World Bank Economic Review 15(3): 341-365.
    • (2001) The World Bank Economic Review , vol.15 , Issue.3 , pp. 341-365
    • Eichengreen, B.1
  • 30
    • 0003493688 scopus 로고    scopus 로고
    • Working Paper 5826 Cambridge, Mass.: National Bureau of Economic Research
    • Engen, E. M., and J. S. Skinner (1996). "Taxation and Economic Growth." Working paper 5826. Cambridge, Mass.: National Bureau of Economic Research.
    • (1996) Taxation and economic growth
    • Engen, E.M.1    Skinner, J.S.2
  • 31
    • 43949162194 scopus 로고
    • The role of macroeconomic factors in growth
    • Fischer, S. (1993). "The Role of Macroeconomic Factors in Growth." Journal of Monetary Economics 32(3): 485-511.
    • (1993) Journal of Monetary Economics , vol.32 , Issue.3 , pp. 485-511
    • Fischer, S.1
  • 32
    • 33644657363 scopus 로고    scopus 로고
    • The golden period for growth in Chile: Explanations and forecasts
    • edited by Norman Loayza and Raimundo Soto. Santiago, Chile: Central Bank of Chile
    • Gallego, F., and N. Loayza (2002). "The Golden Period for Growth in Chile: Explanations and Forecasts." In Economic Growth: Sources, Trends, and Cycles, edited by Norman Loayza and Raimundo Soto. Santiago, Chile: Central Bank of Chile.
    • (2002) Economic Growth: Sources, Trends, and Cycles
    • Gallego, F.1    Loayza, N.2
  • 33
    • 0001777659 scopus 로고
    • Errors in variables in panel data
    • Griliches, Z., and J. A. Hausman (1986). "Errors in Variables in Panel Data." Journal of Econometrics 31(1): 93-118.
    • (1986) Journal of Econometrics , vol.31 , Issue.1 , pp. 93-118
    • Griliches, Z.1    Hausman, J.A.2
  • 35
    • 8744256392 scopus 로고    scopus 로고
    • International technology diffusion
    • Keller, W. (2004). "International Technology Diffusion." Journal of Economic Literature 42(3): 752-782.
    • (2004) Journal of Economic Literature , vol.42 , Issue.3 , pp. 752-782
    • Keller, W.1
  • 36
    • 4644297515 scopus 로고    scopus 로고
    • Capital account openness and the varieties of growth experience
    • February
    • Klein, M.W (2003). "Capital Account Openness and the Varieties of Growth Experience", NBER Working Paper 9500, February.
    • (2003) NBER Working Paper , vol.9500
    • Klein, M.W.1
  • 38
    • 84984517112 scopus 로고
    • Institutions and economic performance: Cross-country tests using alternative institutional measures
    • Knack, S., and P. Keefer (1995). "Institutions and Economic Performance: Cross-Country Tests Using Alternative Institutional Measures." Economics and Politics 7(3): 207-227.
    • (1995) Economics and Politics , vol.7 , Issue.3 , pp. 207-227
    • Knack, S.1    Keefer, P.2
  • 39
    • 0035182762 scopus 로고    scopus 로고
    • The external wealth of nations: Measures of foreign assets and liabilities for industrial and developing countries
    • Lane, P. R., and G.-M. Milesi-Ferretti (2001). "The External Wealth of Nations: Measures of Foreign Assets and Liabilities for Industrial and Developing Countries." Journal of International Economics 55(2): 263-294.
    • (2001) Journal of International Economics , vol.55 , Issue.2 , pp. 263-294
    • Lane, P.R.1    Milesi-Ferretti, G.-M.2
  • 40
    • 4444257497 scopus 로고    scopus 로고
    • International financial integration
    • special issue
    • _ (2003). "International Financial Integration." IMF Staff Papers 50 (special issue): 82-113.
    • (2003) IMF Staff Papers , vol.50 , pp. 82-113
  • 41
    • 0031462606 scopus 로고    scopus 로고
    • Complementarities between exports and human capital in economic growth: Evidence from the semi-industrialized countries
    • Levin, V. and L. K. Raut (1997). "Complementarities between Exports and Human Capital in Economic Growth: Evidence from the Semi-industrialized Countries." Economic Development and Cultural Change 46(1): 155-175.
    • (1997) Economic Development and Cultural Change , vol.46 , Issue.1 , pp. 155-175
    • Levin, V.1    Raut, L.K.2
  • 42
    • 0000329790 scopus 로고    scopus 로고
    • Financial development and economic growth: Views and agenda
    • Levine, R. (1997). "Financial Development and Economic Growth: Views and Agenda." Journal of Economic Literature 35(2): 688-726.
    • (1997) Journal of Economic Literature , vol.35 , Issue.2 , pp. 688-726
    • Levine, R.1
  • 43
    • 0035192761 scopus 로고    scopus 로고
    • International financial integration and economic growth
    • Levine, R. (2001). "International Financial Integration and Economic Growth." Review of International Economics 9(4): 684-698.
    • (2001) Review of International Economics , vol.9 , Issue.4 , pp. 684-698
    • Levine, R.1
  • 44
    • 0003093394 scopus 로고    scopus 로고
    • Financial intermediation and growth: Causality and causes
    • Levine, Ross, Norman Loayza, and Thorsten Beck (2000). "Financial Intermediation and Growth: Causality and Causes." Journal of Monetary Economics 46(1): 31-77.
    • (2000) Journal of Monetary Economics , vol.46 , Issue.1 , pp. 31-77
    • Levine1    Ross2    Loayza, N.3    Beck, T.4
  • 46
    • 45549121614 scopus 로고
    • On the mechanics of economic development
    • Lucas, R. E., Jr. (1988). "On the Mechanics of Economic Development." Journal of Monetary Economics 22(1): 3-42.
    • (1988) Journal of Monetary Economics , vol.22 , Issue.1 , pp. 3-42
    • Lucas Jr., R.E.1
  • 47
    • 84959828858 scopus 로고
    • Corruption and growth
    • Mauro, P. (1995). "Corruption and Growth." Quarterly Journal of Economics 110(3): 681-712.
    • (1995) Quarterly Journal of Economics , vol.110 , Issue.3 , pp. 681-712
    • Mauro, P.1
  • 48
    • 33750385884 scopus 로고    scopus 로고
    • Policy complementarities in economic development: The case of South Korea
    • Ok, W. (2004). "Policy Complementarities in Economic Development: The Case of South Korea." The Journal of the Korean Economy 5(2): 7-41.
    • (2004) The Journal of the Korean Economy , vol.5 , Issue.2 , pp. 7-41
    • Ok, W.1
  • 49
    • 0031286425 scopus 로고    scopus 로고
    • The correlates of change in international financial regulation
    • Quinn, D. P. (1997). "The Correlates of Change in International Financial Regulation." American Political Science Review 91(3): 531-551.
    • (1997) American Political Science Review , vol.91 , Issue.3 , pp. 531-551
    • Quinn, D.P.1
  • 50
    • 33750427064 scopus 로고    scopus 로고
    • Growth strategies
    • P. Aghion and S. Durlauf, eds., North-Holland
    • Rodrik, D. (2005). "Growth Strategies," in P. Aghion and S. Durlauf, eds., Handbook of Economic Growth, North-Holland.
    • (2005) Handbook of Economic Growth
    • Rodrik, D.1
  • 51
    • 0040566521 scopus 로고    scopus 로고
    • Trade policy and economic growth: A skeptics guide to the cross-national evidence
    • : Bernanke, B. and K. Rogoff (eds.), Cambridge, MA: MIT Press
    • Rodríguez, F., and D. Rodrik (2000). "Trade Policy and Economic Growth: A Skeptics Guide to the Cross-National Evidence." In: Bernanke, B. and K. Rogoff (eds.), NBER Macroeconomics Annual 15. Cambridge, MA: MIT Press.
    • (2000) NBER Macroeconomics Annual , vol.15
    • Rodríguez, F.1    Rodrik, D.2
  • 52
    • 0001802590 scopus 로고
    • Economic reform and the process of global integration
    • (1995)
    • Sachs, J. D., and A. Warner (1995). "Economic Reform and the Process of Global Integration." Brookings Papers on Economic Activity 1(1995): 1-95.
    • (1995) Brookings Papers on Economic Activity , vol.1 , pp. 1-95
    • Sachs, J.D.1    Warner, A.2
  • 53
    • 0000092786 scopus 로고
    • The penn world table (mark 5): An expanded set of international comparisons, 1950-1998
    • Summers, R., and A. Heston (1991). "The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1998." Quarterly Journal of Economics 106(2): 327-368.
    • (1991) Quarterly Journal of Economics , vol.106 , Issue.2 , pp. 327-368
    • Summers, R.1    Heston, A.2
  • 54
    • 0001994560 scopus 로고    scopus 로고
    • The new growth evidence
    • (March)
    • Temple, J. (1999). "The New Growth Evidence." Journal of Economic Literature 38 (March): 112-156.
    • (1999) Journal of Economic Literature , vol.38 , pp. 112-156
    • Temple, J.1
  • 56
    • 0003675348 scopus 로고    scopus 로고
    • CD-ROM. Washington, D.C.: The World Bank
    • World Bank (2003). World Development Indicators, CD-ROM. Washington, D.C.: The World Bank.
    • (2003) World Development Indicators
    • Bank, W.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.