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Is the export-led growth hypothesis valid for Australia?

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  • Imad Moosa
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    Abstract

    The relationship between exports and output is examined using Australian annual data over the period 1900-1993. Cointegration and causality testing fails to detect the existence of a long-run or short-run relationship between the two variables. These results are explained by restoring to the structural time series modelling approach which shows that while the output series exhibits cyclical variation, the exports series does not have this property. It is concluded that the export-led growth hypothesis is not valid for Australia.

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    File URL: http://www.tandfonline.com/doi/abs/10.1080/000368499323869
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    Bibliographic Info

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

    Volume (Year): 31 (1999)
    Issue (Month): 7 ()
    Pages: 903-906

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    Handle: RePEc:taf:applec:v:31:y:1999:i:7:p:903-906

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    Web page: http://www.tandfonline.com/RAEC20

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    Cited by:
    1. Boriss Siliverstovs & Dierk Herzer, 2007. "Manufacturing exports, mining exports and growth: cointegration and causality analysis for Chile (1960-2001)," Applied Economics, Taylor & Francis Journals, vol. 39(2), pages 153-167.
    2. Harrison, Ann & Rodríguez-Clare, Andrés, 2010. "Trade, Foreign Investment, and Industrial Policy for Developing Countries," Handbook of Development Economics, Elsevier.
    3. Hamrita, Mohamed Essaied, 2014. "Export-Led Growth in Tunisia: A wavelet filtering based analysis," MPRA Paper 52722, University Library of Munich, Germany.

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