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We also use an index of openness, the ratio of imports and exports over GDP.
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Unlike Clavijo et al. (2012), Bogliaccini (2013) uses as the key independent variable the index of commercial openness, taken from a series of indicators created by ECLAC in 1999 and updated by Eduardo Lora in 2012.
Following Milcheva and Zhu (2016), the capital channel of country pairs can be built on the minimum openness index of real estate FDI as follows: {FDI}_{i,j,t}^{open}=mathit{operatorname{Min}}left 1-{RI}_i,1-{RI}_jright), (8)where RI denotes a real estate FDI restrictiveness index.
The second key observation induces to the financial openness in perspectives of both de jure and de facto measures by considering Chinn and Ito (2008) index of the degree of capital openness as a de jure measure.
Fourth, don't open for the sake of openness.
All session scores are subsequently summed and then averaged to compute an index of overall motivation, resistance, difficulty and openness.
Their philosophy is one of openness.
It has a sense of openness.
"There was an air of openness.
There's the potential of interoperability, of openness.
Europe and Australia promote themselves as regions of openness.
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