Article1996

Exports, economic growth and exogeneity: Taiwan 1953-88

Andy C. C. Kwan · John A. Cotsomitis · Benjamin Kwok

30 citations0/0 files storedApplied Economics

No readable copy stored yet — this record is metadata only.

Global trade and economics Monetary Policy and Economic Impact Economic Growth and Productivity

Abstract

The econometric techniques developed by Engle and Hendry (1993) are used to examine empirically the exogeneity status of the real export growth variable in a commonly used output growth equation. Data from Taiwan shows that, while the weak exogeneity assumption appears to be valid, the super exogeneity assumption is rejected. Thus, the results cast doubt on policy recommendations based on the export-led growth hypothesis.

Citations in this library

Stored only when both papers are in the corpus — 30 citations exist upstream.

References

1979Distribution of the Estimators for Autoregressive Time Series with a Unit Root 1969Investigating Causal Relations by Econometric Models and Cross-spectral Methods 1989The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis 1976Econometric policy evaluation: A critique 2002Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis 1991The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988 1992Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis 1995The East Asian Miracle: Economic Growth and Public Policy. A World Bank Policy Research Report. London: Oxford University Press, 1993. xvii, 289 pp.

Cited by

2000Exports and Economic Growth: The Arab Experience 2009Türkiye’de Büyüme ve İhracat Arasındaki Nedensellik İlişkileri 2008Export-total factor productivity growth nexus in East Asian economies 2007TRADE POLICY AND ECONOMIC GROWTH IN BANGLADESH: A REVISIT 2000Testing export exogeneity in Taiwan: further evidence 1998Export trade, trade derivatives, and economic growth of Hong Kong: a new scenario

Imported from OpenAlex (CC0) — nothing here is generated.