Skip to main content

Does globalization affect growth? Evidence from a new index of globalization

Buy Article:

$55.00 plus tax (Refund Policy)

Abstract:

The study develops 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 analysed 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.

Document Type: Research Article

DOI: https://doi.org/10.1080/00036840500392078

Affiliations: Department of Management, Technology, and Economics, Swiss Federal Institute of Technology, Zurich, CH-8092 Zurich, Switzerland

Publication date: 2006-06-10

More about this publication?
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more