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Export-led growth and the US economy: another look

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  • Jang Jin
  • Eden Yu
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    Abstract

    The hypothesis of export-led growth for the US economy is tested. A six-variable vector autoregressive (VAR) model is constructed to balance various possible offsetting impacts on exports and output. Based on the VAR techniques, no significant causal impacts are found between exports and output. This suggests that export expansion is neutral with respect to the growth of the US economy.

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    File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/135048596356474&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

    Volume (Year): 3 (1996)
    Issue (Month): 5 ()
    Pages: 341-344

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    Handle: RePEc:taf:apeclt:v:3:y:1996:i:5:p:341-344

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    Cited by:
    1. Harrison, Ann & Rodríguez-Clare, Andrés, 2010. "Trade, Foreign Investment, and Industrial Policy for Developing Countries," Handbook of Development Economics, Elsevier.
    2. Soytas, Ugur & Sari, Ramazan, 2006. "Energy consumption and income in G-7 countries," Journal of Policy Modeling, Elsevier, vol. 28(7), pages 739-750, October.
    3. Sato, Sumie & Fukushige, Mototsugu, 2011. "The North Korean economy: Escape from import-led growth," Journal of Asian Economics, Elsevier, vol. 22(1), pages 76-83, February.
    4. Sari, Ramazan & Soytas, Ugur, 2007. "The growth of income and energy consumption in six developing countries," Energy Policy, Elsevier, vol. 35(2), pages 889-898, February.
    5. Lee, Chien-Chiang & Chien, Mei-Se, 2010. "Dynamic modelling of energy consumption, capital stock, and real income in G-7 countries," Energy Economics, Elsevier, vol. 32(3), pages 564-581, May.
    6. Yuan, Jia-Hai & Kang, Jian-Gang & Zhao, Chang-Hong & Hu, Zhao-Guang, 2008. "Energy consumption and economic growth: Evidence from China at both aggregated and disaggregated levels," Energy Economics, Elsevier, vol. 30(6), pages 3077-3094, November.
    7. Soytas, Ugur & Sari, Ramazan, 2006. "Can China contribute more to the fight against global warming?," Journal of Policy Modeling, Elsevier, vol. 28(8), pages 837-846, November.

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