{"title":"贸易开放与增长-贫困的关系:用新的开放度指标重新评估","authors":"Wannaphong Durongkaveroj","doi":"10.1142/s0116110524400092","DOIUrl":null,"url":null,"abstract":"Developing countries have greatly benefited from globalization, coinciding with economic growth and structural transformation. The standard trade theory postulates that trade openness contributes to poverty alleviation directly by changing factor proportions of production and indirectly through the trickle-down effect of growth. Existing multicountry studies using the trade-to-gross-domestic-product ratio to measure openness often fail to find a direct effect of openness on poverty over and above the growth–poverty nexus. This paper is motivated by the concern that the failure of these studies to detect the effectiveness of the factor proportion channel may be due to limitations of the commonly used measure of trade openness: the trade-to-gross-domestic-product ratio. Using a newly constructed index of trade openness, which I dub “the price convergence index,” I find a significant direct effect of openness on poverty reduction. The results also suggest that the impact of growth on poverty is greater for economies with more open trade regimes.","PeriodicalId":1,"journal":{"name":"Accounts of Chemical Research","volume":"17 7","pages":""},"PeriodicalIF":16.4000,"publicationDate":"2024-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Trade Openness and the Growth–Poverty Nexus: A Reappraisal with a New Openness Indicator\",\"authors\":\"Wannaphong Durongkaveroj\",\"doi\":\"10.1142/s0116110524400092\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Developing countries have greatly benefited from globalization, coinciding with economic growth and structural transformation. The standard trade theory postulates that trade openness contributes to poverty alleviation directly by changing factor proportions of production and indirectly through the trickle-down effect of growth. Existing multicountry studies using the trade-to-gross-domestic-product ratio to measure openness often fail to find a direct effect of openness on poverty over and above the growth–poverty nexus. This paper is motivated by the concern that the failure of these studies to detect the effectiveness of the factor proportion channel may be due to limitations of the commonly used measure of trade openness: the trade-to-gross-domestic-product ratio. Using a newly constructed index of trade openness, which I dub “the price convergence index,” I find a significant direct effect of openness on poverty reduction. The results also suggest that the impact of growth on poverty is greater for economies with more open trade regimes.\",\"PeriodicalId\":1,\"journal\":{\"name\":\"Accounts of Chemical Research\",\"volume\":\"17 7\",\"pages\":\"\"},\"PeriodicalIF\":16.4000,\"publicationDate\":\"2024-07-12\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Accounts of Chemical Research\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1142/s0116110524400092\",\"RegionNum\":1,\"RegionCategory\":\"化学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"CHEMISTRY, MULTIDISCIPLINARY\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Accounts of Chemical Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1142/s0116110524400092","RegionNum":1,"RegionCategory":"化学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"CHEMISTRY, MULTIDISCIPLINARY","Score":null,"Total":0}
Trade Openness and the Growth–Poverty Nexus: A Reappraisal with a New Openness Indicator
Developing countries have greatly benefited from globalization, coinciding with economic growth and structural transformation. The standard trade theory postulates that trade openness contributes to poverty alleviation directly by changing factor proportions of production and indirectly through the trickle-down effect of growth. Existing multicountry studies using the trade-to-gross-domestic-product ratio to measure openness often fail to find a direct effect of openness on poverty over and above the growth–poverty nexus. This paper is motivated by the concern that the failure of these studies to detect the effectiveness of the factor proportion channel may be due to limitations of the commonly used measure of trade openness: the trade-to-gross-domestic-product ratio. Using a newly constructed index of trade openness, which I dub “the price convergence index,” I find a significant direct effect of openness on poverty reduction. The results also suggest that the impact of growth on poverty is greater for economies with more open trade regimes.
期刊介绍:
Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance.
Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.