Industry and Foreign Trade in India, China and OECD countries: an analysis of causality, 1960-2002
We analyse causality relationships between industry and foreign trade in three major areas of the world economy: India, China and OECD countries for the period 1960-2002, and found that the effect of imports is usually positive and significant to favour industrial and non-industrial development, from a mixed approach to economic growth which has into account demand and supply sides. We use several approaches to causality, including Granger´s bivariate and trivariate tests and analysis of contemporaneous relationships.
Volume (Year): 2 (2005)
Issue (Month): 3 ()
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- Klaus, WAELDE & Christina, WOOD, 2004.
"The Empirics of Trade and Growth : Where are the Policy Recommendations ?,"
Discussion Papers (IRES - Institut de Recherches Economiques et Sociales)
2004013, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Klaus WÃ¤lde & Christina Wood, 2004. "The empirics of trade and growth: where are the policy recommendations?," International Economics and Economic Policy, Springer, vol. 1(2), pages 275-292, January.
- Klaus Wälde & Christina Wood, 2004. "The empirics of trade and growth: where are the policy recommendations?," European Economy - Economic Papers 2008 - 2015 204, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Wälde, Klaus & Wood, Christina, 2000. "The empirics of trade and growth: Where are the policy recommendations?," Dresden Discussion Paper Series in Economics 09/00, Dresden University of Technology, Faculty of Business and Economics, Department of Economics.
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