Some evidence on the export-led growth hypothesis for Ireland
AbstractThe 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 InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 7 (2000)
Issue (Month): 4 ()
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Other versions of this item:
- Stilianos Fountas, 1995. "Some Evidence on the Export-Led Growth Hypothesis for Ireland," Working Papers 08, National University of Ireland Galway, Department of Economics, revised 1995.
- F1 - International Economics - - Trade
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- Ferda Halicioglu, 2007.
"A Multivariate Causality Analysis of Export and Growth for Turkey,"
EERI Research Paper Series
EERI_RP_2007_05, Economics and Econometrics Research Institute (EERI), Brussels.
- Halicioglu, Ferda, 2007. "A Multivariate Causality Analysis of Export and Growth for Turkey," MPRA Paper 3565, University Library of Munich, Germany.
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