processes of trade and growth. Indeed, industrial policy seems to be back in fashion—or, at least, talking about it is. But a … renewed “activism” by government in the trade and growth agenda need not mean a return to old-style policies of import … private sector–led growth. This note discusses the renewed role of government in trade and growth policy from the …

Since Adam Smith, most economists have held the belief that trade fosters economic growth, although it has not been … possible to establish a strong causal relationship. The results of growth regressions are, at best, mixed, and several … historical studies have found a positive relationship between tariffs and economic growth in the nineteenth century. This paper …

introduced by Thirlwall (1979). According to cointegration analysis exports were an important determinant in the Bolivian … growth. Further results show that Bolivian imports are more elastics than exports respect to the GDP, determining a negative …Theoretical and empirical literature have focused on supply factors when studying economic growth determinants. The …

, Lithuania, Poland, Romania, Slovenia, Slovakia) through cointegration and causality tests. The estimation is carried out within … bivariate systems, causality from exports to GDP is obtained for Bulgaria, the Czech Republic, Estonia, Latvia and Lithuania …. Causality from GDP to exports is indicated for Bulgaria, the Czech Republic, Estonia, Hungary, Lithuania, Romania and Slovenia …

-run relationship between financial development and economic growth. An augmented form of Granger causality analysis is implemented to … 1968 to 2005. The bounds testing approach to cointegration is conducted to establish the existence of a long … identify the direction of causality among the variables both in the short-run and the long-run. The empirical findings suggest …