چکیده:
This paper tries to test the relationship between trade openness and economic
growth in Former Soviet Union countries after their independence in 1991.
It has become an article of faith in most economic and political circles that
opening up the economy to international trade will produce substantial benefits
in terms of greater consumer choice and higher living standards. Higher
productivity is expected to be realized through competitive pressure and through
opportunity to specialize in production activities where countries have
comparative advantage or they can gain from economies of scale.
The paper has investigated the trade regimes in Former Soviet Union countries
after breaking apart and has used the statistical data to test the hypothesis
that free trade through its special mechanisms positively affects the economic
growth of these countries. Because of the lack of sufficient statistical data
the Panel data method is used to test the relationship in this cross-country
analysis.
خلاصه ماشینی:
"[2] Table 2: Indices of import and export of the FSU Countries in% (1991-2000) Former Soviet Union Countries 1991[1] 1992 1994 1996 1998 1999 2000 Exports Imports Exports Imports Exports Imports Exports Imports Exports Imports Exports Imports Exports Imports Armenia 100 100 9 7 8 9 10 21 8 22 8 19 11 21 Azerbaijan 100 100 22 16 10 13 9 16 9 18 14 18 25 20 Belarus 100 100 19 21 14 18 31 42 39 51 32 40 40 51 Estonia 100 100 16 21 33 52 53 100 82 154 76 128 96 158 Georgia 100 100 5 10 5 8 6 17 6 22 7 15 10 18 Kazakstan 100 100 35 34 33 26 60 31 55 32 57 27 93 37 Kyrgyz Republic 100 100 8 12 9 9 13 23 14 23 12 16 13 15 Latvia 100 100 14 18 19 25 24 42 31 66 29 61 31 66 Lithuania 100 100 13 19 21 35 34 65 42 95 31 81 40 86 Moldova 100 100 10 14 12 14 17 23 14 22 10 12 10 16 Russia 100 100 45 43 52 39 70 46 59 44 60 30 85 34 Tajikistan 100 100 9 7 23 25 37 30 28 32 33 30 37 31 Turkmenistan 100 100 10 35 34 39 26 30 14 39 18 34 38 42 Ukraine 100 100 20 19 28 30 39 49 34 41 31 33 39 39 Uzbekistan 100 100 14 15 24 23 40 41 34 27 31 30 26 31 Source: IMF, Direction of Trade Statistics 1994-2000."