Journal of Economic Literature

Book Reviews

2026-09-01

Neviana Petkova of University of Oregon reviews “Trade Liberalisation: Impact on Growth and Trade in Developing Countries” by Ashok Parikh,. The EconLit Abstract of the reviewed work begins “Nine papers, most previously published, present a quantitative assessment of trade liberalization and its impact on micro and macro economics structure in developing countries. Papers discuss disciplining firms--the impact of trade reforms on profit margins in the Indian industry (Uma S. Kambhampati and Ashok Parikh); whether liberalization has affected profit margins in the Indian industry (Kambhampati and Parikh); exports, inward foreign direct investment, and regional economic growth in China (Haishun Sun and Parikh); the impact of trade liberalization on import demands in India--a panel data analysis for commodity groups (Rajesh Mehta and Parikh); whether trade liberalization accelerates convergence in per capita incomes in developing countries (Parikh and Miyuki Shibata); dynamics of the relationship between the terms of trade and the trade balance in developing countries of Asia, Africa, and Latin America (Parikh and Shibata); the relationship between trade liberalization, economic growth, and balance of payments in developing countries (Parikh and Corneliu Stirbu); the relationship between trade liberalization, growth, and balance of payments in developing countries--an econometric study (Parikh); and instability and volatility of capital flows in developing countries (Alberto Gabriele, Korkut Boratav, and Parikh). Parikh is in the Department of Economics at the University of East Anglia. Author and subject… Index.”

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DOI https://doi.org/10.1257/jel.46.4.989.r16