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On exports and economic growth: the case of Italy

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Author Info

  • Daniela Federici
  • Daniela Marconi

Abstract

The export-led growth hypothesis for the Italian economy (1960-98) is tested through a VAR model with four macroeconomic variables: an index of the GDP of the rest of the world; the Italian real exchange rate; Italian real exports; and the Italian real GDP. Our results provide clear empirical support for the hypothesis. They also suggest that the Kaldorian approach is very useful in analysing short-run as well as long-run growth and fluctuations of an open economy such as Italy.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/09638190210151428
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal The Journal of International Trade & Economic Development.

Volume (Year): 11 (2001)
Issue (Month): 3 ()
Pages: 323-340

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Handle: RePEc:taf:jitecd:v:11:y:2001:i:3:p:323-340

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Related research

Keywords: Exports; Economic Growth; Cointegrated; Var Model; Innovation Accounting;

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Cited by:
  1. Isabel Cortes-Jimenez & Manuela Pulina, 2006. "Tourism and Growth: Evidence for Spain and Italy," ERSA conference papers ersa06p128, European Regional Science Association.
  2. Algieri, Bernardina, 2010. "Income and Price Elasticities of the Italian Exports in Tourism Services - Elasticità rispetto al reddito e ai prezzi relativi delle esportazioni italiane di servizi turistici," Economia Internazionale / International Economics, Camera di Commercio di Genova, vol. 63(4), pages 381-405.
  3. Mwanza Nkusu, 2013. "Boosting Competitiveness to Grow Out of Debt—Can Ireland Find a Way Back to Its Future?," IMF Working Papers 13/35, International Monetary Fund.
  4. Pistoresi, Barbara & Rinaldi, Alberto, 2012. "Exports, imports and growth," Explorations in Economic History, Elsevier, vol. 49(2), pages 241-254.
  5. Muhammad Shahbaz & Pervaz Azim & Khalil Ahmad, 2011. "Exports-Led Growth Hypothesis in Pakistan: Further Evidence," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 1(3), pages 182-197, September.

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