Business and Economics Journal

Do Trade Restrictions or Openness Affect Economic Growth Differently in the Presence of Export Credits?

Abstract

Farrokh Kahnamoui

This paper looks at the impact of trade barriers and trade openness on economic growth in the presence
of export credits. A panel data analysis of 90 non-Organisation for Economic Co-operation and Development
(OECD) countries, which are recipients of export credit is conducted and the impact of trade restrictions and
trade openness on economic growth over three decades is investigated. The results show no evidence of any
change in the impact of trade restriction on economic growth but a positive and significant impact of trade
openness on economic growth in the presence of export credits.