The impact of trade and financial openness on operational efficiency and growth: CAMELG-DEA model

Key Points

• This research examines the relationship between trade and financial openness and their effects on operational efficiency and growth.
• Applied the CAMELG-DEA model to assess operational efficiency.
• Analyzed data related to trade and financial openness.
• Evaluated the impact of these variables on growth.
• Increased trade openness correlates with improved operational efficiency.
• Financial openness positively affects growth rates.
• Combined openness leads to enhanced overall performance in evaluated sectors.