Investigating The Impact of Economic Openness on the Development of Economically Growing Countries

Nikkhah Sarnaghi, Akbar; Azarbayjani, KARIM; Daei Karimzadeh, Saeed

doi:10.30473/egdr.2023.66474.6647

Document Type : ORIGINAL ARTICLE

Authors

¹ Ph.D. Student in Economics, Islamic Azad University, Isfahan Branch (Khorasgan), Isfahan, Iran.

² Professor of Economics, Faculty of Administrative Sciences and Economics, University of Isfahan, Isfahan, Iran.

³ Associate Professor, Department of Economic Sciences, Islamic Azad University, Isfahan Branch (Khorasgan), Isfahan, Iran.

https://doi.org/10.30473/egdr.2023.66474.6647

Abstract

The relationship between economic growth, trade openness of the economy and the quality of the environment in developing countries is one of the most important topics in the economic literature and in recent years has been one of the challenges for countries in terms of economic growth policies and trade expansion. In this study, this relationship is examined in developing countries, including 27 countries and Iran during the years 2000 to 2020 using the GMM method. The results of the aggregate test indicate the existence of a long-run equilibrium relationship between the variables. According to the results of the estimate, the variables of trade openness and carbon dioxide emissions have a positive effect on economic growth. Carbon dioxide has a negative effect on foreign trade. On the other hand, the variables of economic growth and trade openness have a positive and significant effect on carbon dioxide emissions. Therefore, appropriate policies to protect the environment, along with policies of economic growth and trade expansion, in addition to economic growth can lead to improved environmental quality.

Keywords

Main Subjects

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Economic Growth and Development Research

Investigating The Impact of Economic Openness on the Development of Economically Growing Countries

References

References

Volume 15, Issue 57
January 2025
Pages 57-41

Investigating The Impact of Economic Openness on the Development of Economically Growing Countries

References

References

Volume 15, Issue 57January 2025Pages 57-41

Volume 15, Issue 57
January 2025
Pages 57-41