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This study examines the export-led growth hypothesis using annual time series data from Chile in a production function framework. It addresses the problem of specification bias under which previous studies have suffered, and focuses on the impact of manufactured and mining exports on...
Persistent link: https://www.econbiz.de/10005506168
This study examines the export-led growth hypothesis using annual time series data from Chile. It addresses the problem of specification bias under which previous studies have suffered and focuses on the impact of manufactured and primary exports on the economic growth. In order to investigate...
Persistent link: https://www.econbiz.de/10005437799
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It is frequently suggested that export diversification contributes to an acceleration of growth in developing countries. Horizontal export diversification into completely new export sectors may generate positive externalities on the rest of the economy as export oriented sectors gain from...
Persistent link: https://www.econbiz.de/10005505814
This article examines the long-run impact of capital goods imports, intermediate goods imports, and exports of manufactured and primary goods on total factor productivity in Chile. Using cointegration techniques, we find productivity-enhancing effects of capital and intermediate goods imports as...
Persistent link: https://www.econbiz.de/10005437827
This study examines the long-run relationship between Chilean exports and imports during the 1975 to 2004 period using unit root tests and cointegration techniques that allow for endogenously determined structural breaks. The results indicate that there exists a long-run equilibrium between...
Persistent link: https://www.econbiz.de/10005468361
This note analyses the long-run impact of trade on population health by applying cointegration techniques to US time series data for the period 1960 to 2011. Despite the concerns of many commentators and observers, it is found that trade has a positive and significant long-run impact on...
Persistent link: https://www.econbiz.de/10011104842