Does Globalization Affect Growth? : evidence from a new Index of Globalization
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2005
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Dreher, Axel
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Zusammenfassung
The paper presents an index of globalization covering its three main dimensions: economic integration,
social integration, and political integration. Using panel data for 123 countries in 1970-2000 it is
analyzed empirically whether the overall index of globalization as well as sub-indexes constructed to
measure the single dimensions affect economic growth. As the results show, globalization indeed
promotes growth. The dimensions most robustly related with growth refer to actual economic
flows and restrictions in developed countries. Although less robustly, information flows also
promote growth whereas political integration has no effect.
Zusammenfassung in einer weiteren Sprache
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330 Wirtschaft
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Messung der Globalisierung, Measurement of Globalization, Growth
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DREHER, Axel, 2005. Does Globalization Affect Growth? : evidence from a new Index of GlobalizationBibTex
@techreport{Dreher2005Globa-11955, year={2005}, series={Research paper series / Thurgauer Wirtschaftsinstitut}, title={Does Globalization Affect Growth? : evidence from a new Index of Globalization}, number={6}, author={Dreher, Axel} }
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