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Do exports cause growth? Some evidence for the new EU members

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  • Oscar Bajo-Rubio
  • Carmen Díaz-Rold�n

Abstract

This article analyses the relationship between international trade and economic growth from the point of view of one of the most traditional hypotheses within this field, namely, the export-led growth hypothesis. To this end, we apply Granger-causality tests, in a cointegration framework, to data on exports and GDP of the eight CEECs that became members of the EU in 2004. The results find some support for the export-led growth hypothesis only in the case of the Czech Republic, while no significant causality in any direction was found in the remaining cases.

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File URL: http://hdl.handle.net/10.1080/14631377.2012.647632
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Article provided by Taylor & Francis Journals in its journal Post-Communist Economies.

Volume (Year): 24 (2012)
Issue (Month): 1 (August)
Pages: 125-131

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Handle: RePEc:taf:pocoec:v:24:y:2012:i:1:p:125-131

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Cited by:
  1. David Aristei & Davide Castellani & Chiara Franco, 2011. "Firms' exporting and importing activities: is there a two-way relationship?," Quaderni del Dipartimento di Economia, Finanza e Statistica 99/2011, Università di Perugia, Dipartimento Economia, Finanza e Statistica.

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