Supplementary Table: GDP_XMGDP_Post

Predicting the Cross-Section of Economic Growth Post-Liberalization

Official Liberalization Break

First Sign Break

Capital Flows Break

Average Log GDP Growth on Size of Trade Sector

Average Log GDP Growth on Size of Trade Sector

Average Log GDP Growth on Size of Trade Sector

Coeff.

T-Stat

R2

Coeff.

T-Stat

R2

Coeff.

T-Stat

R2

XMGDP

0.042773

1.93

0.146

XMGDP

0.057439

2.69

0.281

XMGDP

0.040837

1.91

0.142

Constant

0.011177

0.89

Constant

0.004690

0.39

Constant

0.006063

0.46

*Cross-sectional OLS regressions of post-break GDP growth on exports plus imports divided by GDP.

The value of 100 is the highest possible rating and indicates good prospects.