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This paper investigates the dynamic causal link between exports and economic growth using both linear and nonlinear Granger causality tests. We use annual South African data on real exports and real gross domestic product from 1911-2011. The linear Granger causality result shows no evidence of...
Persistent link: https://www.econbiz.de/10011213291
Japan’s remarkable postwar growth spurt in the 1960s would not have been possible without Japan’s alliance with the United States. Policy makers, political scientists, economists, historians, and journalists on both sides of the Pacific have made this claim, but no study has yet tested it...
Persistent link: https://www.econbiz.de/10014155251
This paper investigates the dynamic causal link between exports and economic growth using both linear and nonlinear Granger causality tests. We use annual South African data on real exports and real gross domestic product from 1911-2011. The linear Granger causality result shows no evidence of...
Persistent link: https://www.econbiz.de/10010770507
-based spillover index approach by Diebold and Yilmaz (2012), we identify several empirical regularities: i) output growth and … international spillover effects and the associated repercussions. …
Persistent link: https://www.econbiz.de/10011374341
Persistent link: https://www.econbiz.de/10009622257
In this paper we distinguish different qualities of FDI to re-examine the relationship between FDI and growth. We use quot;qualityquot; to mean the effect of a unit of FDI on economic growth. However, this is difficult to establish because it is a function of many different country and project...
Persistent link: https://www.econbiz.de/10012721355
This paper constructs a two-stage sequential game model to investigate the spillover effect of inward FDI on improving … foreign firms, the impact of spillover effect of inward FDI is contingent upon the productivity gap between the domestic firms … and foreign ones. In particular, we demonstrate that the spillover effect of FDI inward varies negatively with the …
Persistent link: https://www.econbiz.de/10012890541
approach and ask how much they are likely to matter for growth externalities and spillover effects. To detect spatial …
Persistent link: https://www.econbiz.de/10012038256
construction of the spillover variable remains contentious. In this paper we develop measures taking account of whether knowledge …
Persistent link: https://www.econbiz.de/10014082459
To investigate the role of intra-regional trade integration on economic growth in Latin America, we develop a multilevel spatial production network model with time-varying parameters. The theoretical model is established for a multi-country and multi-sectoral economy. The reduced-form...
Persistent link: https://www.econbiz.de/10014233425