Exports as a Determinant of Long-Run Growth in Paraguay, 1966-96
AbstractDuring the 1970s and early 1980s Paraguay experienced relatively high rates of economic growth as well as a boom in primary goods production destined for export. The question which this research addresses concerns the relationship between these events and the applicability of the so-called export-led growth (ELG) hypothesis. The hypothesis is investigated via the use of modern time series methods including Granger causality tests, error correction modeling, and vector autoregression. The basic conclusion reached is that the ELG does not have much relevance to the Paraguayan case.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Journal of Development Studies.
Volume (Year): 38 (2001)
Issue (Month): 1 ()
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- Paresh Kumar Narayan & Seema Narayan & Biman Chand Prasad, 2008. "Forecasting Fiji's exports and imports, 2003-2020," International Journal of Social Economics, Emerald Group Publishing, vol. 35(12), pages 1005-1016, October.
- Seema Narayan & Paresh Kumar Narayan, 2005. "An empirical analysis of Fiji's import demand function," Journal of Economic Studies, Emerald Group Publishing, vol. 32(2), pages 158-168, May.
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