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Table 2 Evolution of the openness coefficient (OI) and import penetration (IP) and exports ratio

From: Assessing labor market impacts of trade opening in Uruguay

Year

0I

IP

X/GDP

1988

0.49

0.25

0.24

1989

0.52

0.26

0.26

1990

0.55

0.26

0.30

1991

0.58

0.29

0.29

1992

0.63

0.34

0.30

1993

0.70

0.39

0.31

1994

0.76

0.43

0 34

1995

0.75

0.42

0 33

1996

0.79

0.44

0 35

1997

0.85

0.48

0 38

1998

0.85

0.49

0 36

1999

0.82

0.48

0 34

2000

0.86

0,48

0 37

2001

0.81

0.47

0 35

  1. OI: openness coefficient defined as (Exports + Imports)/GDP and IP: import penetration ratio defined as M/GDP and the export ratio is defined as Exports/GDP.
  2. Source: own elaboration based on data from the Uruguayan Central Bank (Banco Central del Uruguay).
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