Economics at your fingertips  

Does trade drive global output growth?

Leon Podkaminer

Bank i Kredyt, 2014, vol. 45, issue 4, 311-330

Abstract: Conventional econometric analysis suggests that there has been a longer-term relationship between nominal world output and nominal world exports. The analysis says something about the rules governing adjustments in world output and exports. It appears that GDP plays the first fiddle. Rising world output seems to have pushed up world exports. But rising world exports do not seem to have resulted in positive changes in global GDP. The global growth slowdown, observed since the early 1970s, may have been linked to the steady expansion of global trade.

Keywords: world income; world trade; world output growth; globalisation; VEC (search for similar items in EconPapers)
JEL-codes: F43 F15 O41 O49 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Bank i Kredyt from Narodowy Bank Polski Contact information at EDIRC.
Bibliographic data for series maintained by Michał Wieloch ().

Page updated 2019-08-20
Handle: RePEc:nbp:nbpbik:v:45:y:2014:i:4:p:311-330