22,238
Views
1,597
CrossRef citations to date
0
Altmetric
Original Articles

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

Pages 1091-1110
Published online: 01 Sep 2006
 

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.

Acknowledgements

The author thanks Bernhard Boockmann, Christos Kotsogiannis, Quan Li, Verena Liessem, Fulvio Mulatero, Torsten Saadma, Lars-H. R. Siemers, seminar participants at the ENTER Jamboree Meeting 2003, the Passau Workshop ‘Internationale Wirtschaftsbeziehungen’ 2003, the 6th Annual Conference on Global Economic Analysis (2003), the European Economic Association (2003), the Verein fuer Socialpolitik (2003), the Malmö workshop on Globalization and Health (2005), the universities of Goettingen, de las Americas and Exeter, and a referee of this journal for valuable comments.

Log in via your institution

Log in to Taylor & Francis Online

PDF download + Online access

  • 48 hours access to article PDF & online version
  • Article PDF can be downloaded
  • Article PDF can be printed
EUR 40.00 Add to cart

Issue Purchase

  • 30 days online access to complete issue
  • Article PDFs can be downloaded
  • Article PDFs can be printed
EUR 269.00 Add to cart

Purchase access via tokens

  • Choose from packages of 10, 20, and 30 tokens
  • Can use on articles across multiple libraries & subject collections
  • Article PDFs can be downloaded & printed
From EUR 400.00
per package
Learn more
* Local tax will be added as applicable
 

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.