Export-Led Growth in Asia: Long-Run Relationships and Structural Change
Peter Summers
Chapter 11 in Creating an Internationally Competitive Economy, 2001, pp 191-206 from Palgrave Macmillan
Abstract:
Abstract This chapter presents new evidence in support of the export-led growth hypothesis in a small group of Asian countries and the United States. The evidence comes from an ad hoc model similar to ones used in many empirical investigations of export-led growth, which is really just a plausible specification of a possible cointegrating relationship between output, exports, imports and the terms of trade.
Keywords: Unit Root; Structural Break; Granger Causality Test; Parameter Instability; KPSS Test (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-55706-2_11
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DOI: 10.1057/9780230557062_11
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