The Trade-Growth Nexus in Taiwan's Development

G Ranis

Working Papers from Yale - Economic Growth Center

Abstract: This paper analyzes Taiwan's post-World War II development success as a consequence of the mutually beneficial interactions between its export performance and domestic growth. Not only does trade stimulate growth, but the reverse causality also holds true. Growth enhances trade performance by augmenting domestic response capapbilities to new export opportunities, and by stimulating previously dormant demands for goods and services, thereby creating a two-way linkage.

Keywords: TAIWAN; TRADE DEVELOPMENT; EXPORT DIVERSIFICATION; INDUSTRIALIZATION (search for similar items in EconPapers)
JEL-codes: N65 O11 O53 (search for similar items in EconPapers)
Pages: 41 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:fth:yalegr:758

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