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1. A NOTE ON THE EXPORT-LED GROWTH HYPOTHESIS: A TIME SERIES APPROACH.

Author

MANESCHIÖLD, PER-OLA

Subjects
*FREE trade, *COINTEGRATION, *TIME series analysis, *CAUSATION (Philosophy), *ECONOMICS, EXPORTS & economics
Abstract

The export-led growth hypothesis is analysed for Argentina, Brazil, and Mexico using cointegration and causality techniques. Cointegration is found for Argentina and Mexico in both a pre-break and post-break period, where the break is related to the introduction of the NAFTA. Furthermore, the causal relationship is either bi-directional or unidirectional from export to GDP revealing support to the hypothesis and an outward oriented policy. [ABSTRACT FROM AUTHOR]

Published
2008

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