Redding, Stephen (1997) The relationship between openness and growth in the United Kingdom: a summary of the Bank of England openness and growth project. Bank of England Quarterly Bulletin, 37 (4). pp. 390-405. ISSN 0005-5166
Full text not available from this repository.Abstract
This article summarises the results of the Bank’s Openness and Growth Project. The empirical findings suggest that openness is closely associated with growth in productivity both across countries and across sectors within the United Kingdom. Between 1970 and 1992, some 15% of the initial gap in productivity between the United Kingdom and the United States was closed. Of this, roughly half was attributable to the rise in international openness.
Item Type: | Article |
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Official URL: | http://www.bankofengland.co.uk/publications/Pages/... |
Additional Information: | © 1997 Bank of England |
Divisions: | Centre for Economic Performance Economics |
Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory |
JEL classification: | F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F41 - Open Economy Macroeconomics N - Economic History > N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations > N12 - U.S.; Canada: 1913- N - Economic History > N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations > N14 - Europe: 1913- |
Date Deposited: | 23 Jun 2008 11:28 |
Last Modified: | 13 Sep 2024 21:08 |
URI: | http://eprints.lse.ac.uk/id/eprint/5508 |
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