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This study examines the export-led growth hypothesis using annual time series data from Chile. It addresses the problem … estimation results support the export-led growth hypothesis for Chile and at the same time point out to the differentiated impact …
Persistent link: https://www.econbiz.de/10005765427
that there exists a long-run equilibrium between exports and imports in Chile, despite the balance-of-payments crisis of … 1982-83. This finding implies that Chile\'s macroeconomic policies have been effective in the long-run and suggests that … Chile is not in violation of its international budget constraint. …
Persistent link: https://www.econbiz.de/10005765430
This study examines the export-led growth hypothesis using annual time series data from Chile in a production function …
Persistent link: https://www.econbiz.de/10005464143
-led growth-Hypothese für Chile im Zeitraum von 1962 bis 2001 gerechtfertigt werden kann. Ausgangspunkt der Analyse sind …
Persistent link: https://www.econbiz.de/10005593837
function on the basis of annual time series data from Chile. Based on the theory of cointegration three types of statistical … methodologies are used: the Johansen trace-test, a multivariate error-correction model and the dynamic OLS procedure. Given Chile …
Persistent link: https://www.econbiz.de/10005635395
Using cross-country differences in the degree of isolation before the advent of technologies in sea and air transportation, we assess the relationship between geographic isolation and financial development across the globe. We find that pre-historic geographical isolation has been beneficial to...
Persistent link: https://www.econbiz.de/10012945807