Export-led growth hypothesis: some empirical testing
The hypothesis of export-led growth is tested using annual time series data for Australia. The analysis reveals that both exports and the GDP series in log levels have unit roots but they do not cointegrate. However, there is evidence of Granger causality running from exports to GDP growth implying that expansion of exports promotes economic growth in Australia.
Year of publication: |
1995
|
---|---|
Authors: | Paul, Satya ; Chowdhury, Kabir |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 2.1995, 6, p. 177-179
|
Publisher: |
Taylor & Francis Journals |
Saved in:
freely available
Saved in favorites
Similar items by person
-
The relationship between inflation and economic growth : a multi-country empirical analysis
Paul, Satya, (1993)
-
Inflation and economic growth : a multi-country empirical analysis
Paul, Satya, (1997)
-
Inflation and economic growth: a multi-country empirical analysis
Paul, Satya, (1997)
- More ...