International trade and economic growth in Mexico
AbstractThis study empirically examines on the role of international trade on economic growth in Mexico. To allow for potentially dynamic, as well as endogenous, patterns often associated with exports, imports, and growth, the analysis relies upon time series approaches involving causality and vector error correction methods. Results indicate that imports play a more critical role than exports do for economic growth in Mexico. As such, the outcomes contribute to the growing body of international evidence regarding import led growth in the global economy.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 42991.
Date of creation: 11 Sep 2012
Date of revision:
International Trade; Growth; Mexico; Dynamic Models;
Find related papers by JEL classification:
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-12-10 (All new papers)
- NEP-DEV-2012-12-10 (Development)
- NEP-FDG-2012-12-10 (Financial Development & Growth)
- NEP-INT-2012-12-10 (International Trade)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gene M. Grossman & Elhanan Helpman, 1993.
"Endogenous Innovation in the Theory of Growth,"
NBER Working Papers
4527, National Bureau of Economic Research, Inc.
- Carlos Ibarra, 2010. "Exporting without growing: Investment, real currency appreciation, and export-led growth in Mexico," Journal of International Trade & Economic Development, Taylor and Francis Journals, vol. 19(3), pages 439-464.
- Awokuse, Titus O., 2007. "Causality between exports, imports, and economic growth: Evidence from transition economies," Economics Letters, Elsevier, vol. 94(3), pages 389-395, March.
- Jong-Wha Lee, 1994.
"Capital Goods Imports and Long-Run Growth,"
NBER Working Papers
4725, National Bureau of Economic Research, Inc.
- Milton Friedman, 1962. "Introduction to "The Interpolation of Time Series by Related Series"," NBER Chapters, in: The Interpolation of Time Series by Related Series, pages 1-3 National Bureau of Economic Research, Inc.
- LICERIO, Enedina & FULLERTON, Thomas M. Jr. & CLARK, Don P., 2010. "Empirical Evidence Regarding Regulatory Burdens And Global Income Performance," Estudios Economicos de Desarrollo Internacional, Euro-American Association of Economic Development, vol. 10(2), pages 5-32.
- Kao, Chihwa, 1999. "Spurious regression and residual-based tests for cointegration in panel data," Journal of Econometrics, Elsevier, vol. 90(1), pages 1-44, May.
- Titus Awokuse, 2007. "Trade openness and economic growth: is growth export-led or import-led?," Applied Economics, Taylor & Francis Journals, vol. 40(2), pages 161-173.
- Milton Friedman, 1962. "The Interpolation of Time Series by Related Series," NBER Books, National Bureau of Economic Research, Inc, number frie62-1, December.
- Shandre Mugan Thangavelu & Gulasekaran Rajaguru, 2004. "Is there an export or import-led productivity growth in rapidly developing Asian countries? a multivariate VAR analysis," Applied Economics, Taylor & Francis Journals, vol. 36(10), pages 1083-1093.
- Balassa, Bela, 1978. "Exports and economic growth : Further evidence," Journal of Development Economics, Elsevier, vol. 5(2), pages 181-189, June.
- Romer, Paul, 1994.
"New goods, old theory, and the welfare costs of trade restrictions,"
Journal of Development Economics,
Elsevier, vol. 43(1), pages 5-38, February.
- Paul M. Romer, 1994. "New Goods, Old Theory, and the Welfare Costs of Trade Restrictions," NBER Working Papers 4452, National Bureau of Economic Research, Inc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.