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This study examines the export-led growth hypothesis using annual time series data from Chile. It addresses the problem of specification bias under which previous studies have suffered and focuses on the impact of manufactured and primary exports on the economic growth. In order to investigate...
Persistent link: https://www.econbiz.de/10005765427
This study examines the long-run relationship between Chilean exports and imports during the 1975-2004 period using unit root tests and cointegration techniques that allow for endogenously determined structural breaks. The results indicate that there exists a long-run equilibrium between exports...
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 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...
Persistent link: https://www.econbiz.de/10005464143
Entwicklungsländern wird seit drei Jahrzehnten die Diversifizierung ihrer Exportstruktur empfohlen. Exportdiversifizierung soll nachhaltiges Wachstum ermöglichen und eine Verringerung der wirtschaftlichen Instabilität durch den Abbau wachstumshemmender Einflussfaktoren herbeiführen. Der...
Persistent link: https://www.econbiz.de/10005593837
It is frequently suggested that export diversification contributes to an acceleration of growth in developing countries. Horizontal export diversification into completely new export sectors may generate positive externalities on the rest of the economy as export oriented sectors gain from...
Persistent link: https://www.econbiz.de/10005635395