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Temporal Causality and the Dynamics of Exports, Human Capital and Real Income in China

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Author Info
Paresh Kumar Narayan
Russell Smyth (Griffith University and Monash University, Australia)

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Abstract

This article employs cointegration and error-correction modelling to test the causal relationship between real income, exports and human capital stock using data for China over the period 1960 to 1999. We find that real exports, human capital and real income are cointegrated when real exports is the dependent variable, but are not cointegrated when human capital or real income are the dependent variable. In the short-run we find evidence of bi-directional Granger causality between human capital and real exports, unidirectional Granger causality running from real income to human capital and neutrality between real exports and real income.

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File URL: http://www2.selu.edu/orgs/ijae/Journal%201/IJAE%20Sept%202004%20A2%20Narayan%20and%20Smyth%2009%2024%2004%20RV4.pdf
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Publisher Info
Article provided by Department of General Business, Southeastern Louisiana University in its journal The International Journal of Applied Economics.

Volume (Year): 1 (2004)
Issue (Month): 1 (September)
Pages: 24-45
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Handle: RePEc:ija:ancoec:v:1:y:2004:i:1:p:24-45

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Related research
Keywords: China; exports; human capital; causality;

Find related papers by JEL classification:
R00 - Urban, Rural, and Regional Economics - - General - - - General
Z0 - Other Special Topics - - General

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Ge, Yuanlong & Wang, Holly H. & Ahn, Sung K., 2008. "Implication of Cotton Price Behavior on Market Integration," 2008 Conference, April 21-22, 2008, St. Louis, Missouri 37623, NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. [Downloadable!]
  2. Wong Tsen, 2006. "Granger causality tests among openness to international trade, human capital accumulation and economic growth in China: 1952--1999," International Economic Journal, Korean International Economic Association, vol. 20(3), pages 285-302, September. [Downloadable!] (restricted)
  3. Xiaolei Qian & Russell Smyth, 2005. "Growth Accounting for the Chinese Provinces 1990-2000: Incorporating Human Capital Accumulation," Monash Economics Working Papers 11/05, Monash University, Department of Economics. [Downloadable!]
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