Referee Report Globalization and Economic Growth

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Referee Report
The article Globalization and Economic Growth: Empirical Evidence on the Role of Complementarities is motivated by theoretical issues. The motivation comes from debate and conflict in finding the effect of globalization on economic growth. The group who will care about the findings of the article is researchers and economic policies makers as they have different views on the effect of globalization on economic growth. The identifiable concern motivating this research is the differences in results given by researchers on the impact of globalization in the economy of countries.
The researchers of the article have presented two short, concise descriptions of the research problems. The research problem of the paper is the relationship between economic globalization and growth of countries and find out what the growth effect of economic globalization depend on (Samimi & Hashem, 1). The researchable problem of the article is to survey the correlation between economic development and growth in specific OIC countries over the period 1980-2008 and to find out whether the growth impact of economic globalization relies on the set of complementary strategies and the level of income in OIC countries.
In the body of literature used in the article, the authors use particular theories formulated by previous economic scholars. The arguments come from three schools of thoughts which supported scholars who tried to analyze the globalization issue. The first school of thought claimed that globalization enhances economic development. The second school’s theory challenged the first school and claimed that there was weak evidence that supported the correlation between openness and growth (Samimi & Hashem, 1). The third school explained that there was no linear relationship between globalization and development by complementary policies. In the literature review, the report demonstrates that recent studies have reported that the effect of globalization in OICs is not noticeable. This article contributes to the larger body of economic literature by challenging previous studies with a motive of filling the gap in the research on the effects of globalization. The authors use the earlier reviews as sources of hypothesis for their article. The authors also use some of the earlier studies as a source of inspiration for the article.
The authors draw upon the supply-side economics theory and use it as an informal source of hypothesis for the study. The paper uses a comprehensive index known as KOF which looks at the volume and restriction of business and capital flow in nations (Samimi & Hashem, 1). The theory used was relevant to the problem as it was used in examining how economic growth can be enhanced by some factors of production such as capital and labor in nations. The hypothesis of th...