A Note on the Export-Led Growth Hypothesis: A Time Series Approach

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A Note on the Export-Led Growth Hypothesis: A Time Series Approach

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Per-Ola Maneschiöld

Abstract

The export-led growth hypothesis is analysed for Argentina, Brazil, and Mexico using cointegration and causality techniques. Cointegration is found for Argentina and Mexico in both a pre-break and post-break period, where the break is related to the introduction of the NAFTA. Furthermore, the causal relationship is either bi-directional or unidirectional from export to GDP revealing support to the hypothesis and an outward oriented policy.

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Publisher Info
Article provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its journal Cuadernos de Economía.

Volume (Year): 45 (2008)
Issue (Month): 132 ()
Pages: 293-302
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Handle: RePEc:ioe:cuadec:v:45:y:2008:i:132:p:293-302

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Find related papers by JEL classification:
F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions

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