چکیده:
The result indicates a positive relationship between trade and economic growth, depending on the efficiency of the institutions existing in each society. In countries where the governance situation is appropriate, trade has an effect on economic growth; however, in countries that do not have an appropriate governance situation, this relationship is inverse. The experience of various countries in the world regarding trade liberalization and its expansion shows that this policy can have different effects in different countries that have different economic, social, and institutional structures. Therefore, institutions can influence the manner and path of how international trade affects economic growth. In this regard, this study seeks to examine the effect of international trade on economic growth considering the social and institutional structures of each country and using the good governance index. The model used in the research is a combination of the dynamic model of Winheld (1993) and the model of Chen and Gupta (2006), which examined a sample of 57 countries in the period from 2000 to 2009. To better study the effect of existing institutions in countries on this relationship, countries have been classified into three categories based on the good governance index: countries with high, medium, and low institutional quality.
خلاصه ماشینی:
In this regard, this study seeks to examine the effect of international trade on economic growth considering the social and institutional structures of each country and using the good governance index.
In this regard, this study seeks to examine the effect of international trade on economic growth, taking into account the social and institutional structures of each country and using the good governance index.
Mardai (2014) in his research titled "The Effect of International Trade on the Economic Growth of Iran," first identifies the key domestic and foreign variables affecting growth within the framework of theoretical foundations, empirical evidence, and recorded facts of the country's economy, and then estimates them using a two-stage methodology of the identified model.
Motavali (2017) in his research titled "Investigating the Relationship between Export Growth and Economic Growth," conducted a study for the data 1996-2018 based on the Granger causality test to examine the relationship between export growth and Gross Domestic Product (GDP) growth, and the results indicate that there is a positive and significant relationship between these two variables, and the direction of causality is from exports to the country's national production.
Based on the results of the model estimation for countries with low institutional quality, among other variables, the level of government expenditure and the education level have a positive effect, and the inflation rate has a negative effect on economic growth, but none of their coefficients are significant.
(
, 
, 
)
