| Title |
Trade liberalization, economic growth and inequality in developing countries / |
| Translation of Title |
Prekybos liberalizavimas, ekonomikos augimas ir nelygybė besivystančiose šalyse. |
| Authors |
Kozashvili, Mariam |
| Full Text |
|
| Pages |
53 |
| Keywords [eng] |
Trade liberalization, developing countries, Inequality, economic growth, panel data |
| Abstract [eng] |
Nowadays, trade liberalization and its consequences is one of the most arguable event. Over time, many academics have analysed the issue of trade liberalization in the context of emerging economies alongside inequality and real economic growth, since inequality is considered as one of the biggest obstructive factor for countries’ sustainable development. In this paper, we have tried to understand whether the benefits derived from trade liberalization serve the well-being of all. To do this, we first examined the effect of trade on the economic growth of developing countries, and then on the aggravation of inequality between developing countries. As a result of panel data least square fixed and random effect models, we found that trade liberalization have long run positive effect on developing countries economic growth, whereas we found no evidence that inequality between developing countries is aggravated by open trade, although the impact of liberal trade on exacerbating inequality within the country is evident. |
| Dissertation Institution |
Vilniaus universitetas. |
| Type |
Master thesis |
| Language |
English |
| Publication date |
2022 |
