Agarwal, Manmohan; Mitra, Susmita - In: Journal of Economic Policy Reform 13 (2010) 4, pp. 285-304
This paper extends the empirical analysis on Rodrik's (1995a) domestic investment-led export growth model for East Asia to nine East Asian countries for a longer time period, 1960 through 2004, and tests whether openness Granger-caused investment or vice versa. Our results suggest that there can...