This study examines the export-led growth hypothesis using annual time series data from Chile in a production function …

This study examines the export-led growth hypothesis using annual time series data from Chile in a production function …

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 …

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 …

grows at higher rates. The paper compares Brazil and the CIBS from the point of view of the direction and intensity of … structural change. It is suggested that structural change has been relatively weak in Brazil and that this is associated with a …