Cointegration and causality in the exports-GDP nexus: The post-war evidence for Canada

This paper tests for unit roots, cointegration, and Granger-causality in the exports-GDP nexus in Canada 1947-96, using both bivariate and trivariate models. Contrary to previous studies we cannot conclude that economic growth is either export-led, or output-driven, but rather that strong bi-directional causality exists between Canadian exports and GDP, and the GDP of its main trading partner, the United States.

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Year of publication:	2000-02-14
Authors:	Wernerheim, C. Michael
Published in:	Empirical Economics. - Department of Economics and Finance Research and Teaching. - Vol. 25.2000, 1, p. 111-125
Publisher:	Department of Economics and Finance Research and Teaching
Subject:	Economic growth \| exports \| cointegration \| causality

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Extent:	application/pdf
Type of publication:	Article
Notes:	received: April 1998/final version received: March 1999
Classification:	F43 - Economic Growth of Open Economies ; F15 - Economic Integration
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005758424