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Some evidence on the export-led growth hypothesis for Ireland

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  • Stilianos Fountas

Abstract

The paper tests the export-led growth hypothesis in Ireland over the last 40 years using the modern econometric analysis of nonstationary time series. It is found that over the 1950-1990 period there is no long-run relationship between real GDP and export volume and no evidence for the export-led growth hypothesis either. The analysis of the more recent 1981-1994 period provides strong evidence in favour of a long-run relationship between industrial production and export volume and Granger-causality from exports to output. These results support the export-led growth hypothesis over the last fifteen years and highlight the importance of export-promoting policies.

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Bibliographic Info

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

Volume (Year): 7 (2000)
Issue (Month): 4 ()
Pages: 211-214

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Handle: RePEc:taf:apeclt:v:7:y:2000:i:4:p:211-214

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Cited by:
  1. Akmal, Muhammad Shahbaz & Ahmad, Khalil & Ali, Muhammad, 2009. "Exports-Led Growth Hypothesis in Pakistan: Further Evidence," MPRA Paper 16043, University Library of Munich, Germany.
  2. Halicioglu, Ferda, 2007. "A Multivariate Causality Analysis of Export and Growth for Turkey," MPRA Paper 3565, University Library of Munich, Germany.
  3. Muhammad, Shahbaz & Pervaz, Azeem & Ahmad, Khalil, 2011. "Exports-led growth hypothesis in Pakistan: further evidence," MPRA Paper 33617, University Library of Munich, Germany, revised 18 Sep 2011.

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