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On the Causality between Export Growth and GDP Growth: An Empirical Reinvestigation
Open accessAbstract
Although conventional wisdom suggests that export growth contributes positively to economic growth, empirical studies on the causal links between exports and output have provided little support for the exportled growth hypothesis. This paper reexamines the direction of causation by handling properly two important issues in causality tests: the characteristics of the data, and the choice of optimal lags. The results of this study show that in a sample of 32 economies, the export‐led hypothesis is supported by 17 economies and is strongly supported by 9 economies.
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Citations
Cites
Investigating causal relations by econometric models and cross-spectral methods
Granger, C. W. J. (1969) · Econometrica · doi:10.2307/1912791 · Cited by 22,989
Cited by
The contribution of tourism development to economic growth in the Korean economy
Oh, C.-O. (2005) · Tourism Management · doi:10.1016/j.tourman.2003.09.014 · Cited by 932
Export-led growth: a survey of the empirical literature and some non-causality results. Part 1
A. Giles, J., & Williams, C. L. (2000) · The Journal of International Trade & Economic Development · doi:10.1080/09638190050086177 · Cited by 473
Narayan, P. K., & Smyth, R. (2009) · Energy Policy · doi:10.1016/j.enpol.2008.08.020 · Cited by 438
Energy consumption, output and trade in South America
Sadorsky, P. (2012) · Energy Economics · doi:10.1016/j.eneco.2011.12.008 · Cited by 403
Tourism and economic growth: A review of empirical literature
del P. Pablo-Romero, M., & Molina, J. A. (2013) · Tourism Management Perspectives · doi:10.1016/j.tmp.2013.05.006 · Cited by 349
Metadata
- Authors
- Xu, Z.
- Venue
- Review of International Economics
- Publisher
- Wiley
- Published
- 1996-06
- Volume
- 4
- Issue
- 2
- Pages
- 172-184
- ISSN
- 0965-7576 (ISSN-L)
- 1467-9396
- OpenAlex
- W2113215143
- Cited by
- 177
- References
- 1
- FWCI
- 11.52
- Type
- journal article
- Language
- en
- Open access
- green
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- Xu, Z. (1996). On the Causality between Export Growth and GDP Growth: An Empirical Reinvestigation. Review of International Economics. https://doi.org/10.1111/j.1467-9396.1996.tb00094.x
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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