Trade openness and growth: A network‐based approach
提出一种基于贸易网络连接结构衡量国家开放度的新指标,发现该指标与经济增长显著正相关,而传统开放度指标与增长关系微弱且不显著。
Abstract We propose a novel approach to the study of international trade based on a theory of country integration that embodies a broad systemic viewpoint on the relationship between trade and growth. Our model leads to an indicator of country openness that measures a country's level of integration through the full architecture of its connections in the trade network. We apply our methodology to a sample of 204 countries and find a sizable and significant positive relationship between our integration measure and a country's growth rate, while that of the traditional measures of outward orientation is only minor and statistically insignificant.