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The relationship between openness and economic growth in developing countries has been fully analysed by a large number of empirical papers. Primary attention has been given to the advantages of an outward-oriented strategy and to the role of exports in economic performance. Nevertheless, the...
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This paper uses the Granger non-causality test procedure developed by Toda and Yamamoto (1995) to analyse the saving-growth nexus in Mexico. Contrary to the reverse causation between national saving and domestic income found in recent empirical studies, evidence is presented in favour of Solow's...
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