On Exports and Productivity: A Causal Analysis
The causes of the wide variation in growth rates between countries have been debated by theorists of economic growth. Different studies have shown these disparities between growth rates largely to have been caused by different rates of increase in productivity per unit of factor input. The observed comovement between productivity and export growth suggest a direct link between these two variables. The paper explores the causal relationship between productivity and exports based on Austrian data using time series analysis. The causality analysis indicates no causal link from exports to productivity while the null of no causality from productivity to exports has to be rejected at conventional levels. Copyright 1989 by MIT Press.
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Volume (Year): 71 (1989)
Issue (Month): 4 (November)
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References listed on IDEAS
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- Leamer, Edward E., 1985. "Vector autoregressions for causal inference?," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 22(1), pages 255-304, January.
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"Time Series Representations of Economic Variables and Alternative Models of the Labour Market,"
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Oxford University Press, vol. 49(5), pages 761-782.
- Orley Ashenfelter & David Card, 1982. "Time Series Representation of Economic Variables and Alternative Models of the Labor Market," Working Papers 528, Princeton University, Department of Economics, Industrial Relations Section..
- Feder, Gershon, 1983. "On exports and economic growth," Journal of Development Economics, Elsevier, vol. 12(1-2), pages 59-73.
- Jagdish N. Bhagwati, 1978. "Anatomy and Consequences of Exchange Control Regimes," NBER Books, National Bureau of Economic Research, Inc, number bhag78-1, April.
- Kunst, Robert & Neusser, Klaus, 1986. "A forecasting comparison of some var techniques," International Journal of Forecasting, Elsevier, vol. 2(4), pages 447-456. Full references (including those not matched with items on IDEAS)
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