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Cited by 3,178

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

Dreher, Axel·2006·Applied Economics
DOI 10.1080/00036840500392078
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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.

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Metadata

Authors
Dreher, A.
Venue
Applied Economics
Publisher
Informa UK Limited
Published
2006-06-10
Volume
38
Issue
10
Pages
1091-1110
ISSN
  • 0003-6846 (ISSN-L)
  • 1466-4283
DOI
10.1080/00036840500392078
OpenAlex
W1997222271
Cited by
3,178
References
3
FWCI
116.27
Type
journal article
Language
en
Open access
closed

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Dreher, A. (2006). Does globalization affect growth? Evidence from a new index of globalization. Applied Economics. https://doi.org/10.1080/00036840500392078

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