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The purpose of this research is to estimate the dynamic impacts of foreign direct investments (FDI) and exports on economic growth in Peru (1970-2020) using annual series. Starting with the theoretical Mundell-Fleming static model with assumptions, we find that the change in exports does not...
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literature, some studies investigate the effects of economic growth on export capacity. These studies suggest that the export … the growth-led export hypothesis is valid when it is from growth to exports. To this end, the primary purpose of this … study comparatively focuses on the 1999:Q1-2013:Q4 and 2014:Q1-2021:Q4 periods to test the validity of the export-led growth …
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