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Manufacturing Exports, Mining Exports and Growth: Cointegration and Causality Analysis for Chile (1960 - 2001)

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  • Boriss Siliverstovs
  • Dierk Herzer

Abstract

This study examines the export-led growth hypothesis using annual time series data from Chile in a production function framework. It addresses the problem of specification bias under which previous studies have suffered and focuses on the impact of manufactured and mining exports on productivity growth. In order to investigate if and how manufactured and mining exports affect economic growth via increases in productivity, the study uses Johansen cointegration technique. The estimation results can be interpreted as evidence of productivity-enhancing effects of manufactured exports and of productivity-limiting effects of mining exports.

Suggested Citation

  • Boriss Siliverstovs & Dierk Herzer, 2005. "Manufacturing Exports, Mining Exports and Growth: Cointegration and Causality Analysis for Chile (1960 - 2001)," Discussion Papers of DIW Berlin 497, DIW Berlin, German Institute for Economic Research.
  • Handle: RePEc:diw:diwwpp:dp497
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    Cited by:

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    3. Audrey Liwan & Evan Lau, 2007. "Managing Growth: The Role of Export, Inflation and Investment in Three ASEAN Neighboring Countries," The IUP Journal of Managerial Economics, IUP Publications, vol. 0(4), pages 7-16, November.
    4. Muñoz, Pablo & Strohmaier, Rita & Roca, Jordi, 2011. "On the North-South trade in the Americas and its ecological asymmetries," Ecological Economics, Elsevier, vol. 70(11), pages 1981-1990, September.
    5. Neveen M. TORAYEH, 2011. "Manufactured Exports And Economic Growth In Egypt: Cointegration And Causality Analysis," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 11(1).
    6. HAZMAN, Samsudin & OMAR, Khatijah & ABD HALIMB, Abi sofian & SYAZWAN SHAMSUDIN, Muhammad Saiful, 2021. "Export Led Growth Via Intra-Regional Trading An Econometric Analysis Of Asean, Eu, Nafta, Mercosur And Comesa," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 21(2), pages 5-28.
    7. Athanasia Stylianou Kalaitzi & Trevor William Chamberlain, 2020. "Fuel-Mining Exports and Growth in a Developing State: The Case of the UAE," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 300-308.
    8. Arroyo Francisco & Edmunds John C., 2010. "The Macro Dimensions of Chile's Export Dilemma," Global Economy Journal, De Gruyter, vol. 9(4), pages 1-19, January.
    9. Kalaitzi, Athanasia Stylianou & Chamberlain, Trevor William, 2020. "Fuel-mining exports and growth in a developing state: the case of the UAE," LSE Research Online Documents on Economics 105207, London School of Economics and Political Science, LSE Library.
    10. Dmitriy Izotov, 2018. "Influence of Foreign Economic Activity on the Economic Growth of Russian Regions," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1450-1462.
    11. Ng, Choy Peng & Law, Teik Hua & Wong, Shaw Voon & Kulanthayan, S., 2017. "Relative improvements in road mobility as compared to improvements in road accessibility and economic growth: A cross-country analysis," Transport Policy, Elsevier, vol. 60(C), pages 24-33.
    12. Joseph Adu, 2019. "Role of Energy and Exports in Economic Growth in Ghana," American Journal of Economics and Business Administration, Science Publications, vol. 11(1), pages 10-18, February.

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    More about this item

    Keywords

    Export-led growth; Chile; Cointegration;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models

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