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Manufacturing exports, mining exports and growth: cointegration and causality analysis for Chile (1960 - 2001)
Siliverstovs, Boriss; Herzer, Dierk - 2005
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/10010265043
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A further examination of the export-led growth hypothesis
Herzer, Dierk - 2010
This paper challenges the common view that exports generally contribute more to GDP growth than a mere change in export … volume, as the export-led growth hypothesis predicts. Applying heterogeneous panel cointegration techniques to a production … function model with non-export GDP as the dependent variable, we find for a sample of 45 developing countries that: (i) exports …
Persistent link: https://www.econbiz.de/10010281816
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A further examination of the export-led growth hypothesis
Dreger, Christian; Herzer, Dierk - 2011
This paper challenges the common view that exports generally contribute more to GDP growth than a pure change in export … volume, as the export-led growth hypothesis predicts. Applying panel cointegration techniques to a production function with … non-export GDP as the dependent variable, we find for a sample of 45 developing countries that: (i) exports have a …
Persistent link: https://www.econbiz.de/10010286623
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Determinants of economic growth in BRIC countries
Goel, Rajjev K.; Korhonen, Iikka - 2011
We study economic growth in four emerging economies - Brazil, Russia, India, and China (BRIC). Questions addressed are: (a) How do medium term growth determinants differ from short term determinants? (b) What are differences between growth effects of aggregate versus disaggregated exports? And...
Persistent link: https://www.econbiz.de/10010326923
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Resource Windfalls, Macroeconmic Stability and Growth: The Role of Political Institutions
Arezki, Rabah; Hamilton, Kirk; Kazimov, Kazim - 2011
We use a new dataset on non-resource GDP to examine the performance of commodity-exporting countries in terms of macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are threefold. First, we find that overall government...
Persistent link: https://www.econbiz.de/10010280640
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Common and uncommon sources of growth in Asia Pacific
Weber, Enzo - 2006
This paper embarks to analyse the role of exports and investment supposed to be major sources of economic growth in Asia Pacific. Therefore at first, the cointegration properties of exports, capital formation and GDP are examined in vector error correction models (VECMs). The results confirm the...
Persistent link: https://www.econbiz.de/10010263653
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A Chinese renaissance in an unremittingly integrating global economy
Das, Dilip K. - In: CESifo Forum 09 (2008) 1, pp. 39-46
Persistent link: https://www.econbiz.de/10011695891
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Institutions and Economic Performance - To Grow or Not to Grow: Why Institutions Must Make a Difference
Gylfason, Thorvaldur - In: CESifo DICE Report 02 (2004) 2, pp. 3-9
Persistent link: https://www.econbiz.de/10011696466
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A further step into the ELGH and TLGH for Spain and Italy
Cortés_Jiménez, Isabel; Pulina, Manuela - 2006
tourism as a non-traditional export few studies have been published to date. This paper has the objective to assess if exports … and tourism have really promoted growth by means of the export-led growth hypothesis (ELGH) and the tourism-led growth …
Persistent link: https://www.econbiz.de/10010312651
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Does trade cause growth? A policy perspective
Wälde, Klaus - 2000
Several empirical papers have shown that international trade has a positive causal effect on a country's GDP or growth rate. A common conclusion from these results is that a free trade policy will increase a country's GDP. This comment does not dispute the empirical findings per se but questions...
Persistent link: https://www.econbiz.de/10010305418