Economic Consequences of Landlockedness – What Makes a Difference?

Miao, Guannan and Wörgötter, Andreas (September 2021) Economic Consequences of Landlockedness – What Makes a Difference? IHS Working Paper Series 35, 12 p.

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Abstract

The economic disadvantage of landlocked countries is well established in the literature(Faye et al, 2004). This paper investigates theeconomicimpact of landlockedness on convergence. The econometric analysis is carried out for three income groups and the time before and after the global financial crisis (GFC) of 2007/9. The quality of institutions, investment rate, landlockedness, international trading costsand trade openness are used as conditional variables. The time period under investigation is 1996 to 2016.This paper contributes to the debate between geography (Sachs, 2003) and institutions (Rodrik et al, 2004) as main obstacles for higher economic growth in landlocked countries.

Item Type: IHS Series
Research Units: Current Research Groups > IHS general publications
Date Deposited: 23 Sep 2021 14:10
Last Modified: 06 Feb 2024 11:00
URI: https://irihs.ihs.ac.at/id/eprint/5919

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