Manufacturing exports, mining exports and growth: cointegration and causality analysis for Chile (1960-2001)

Boriss Siliverstovs and Dierk Herzer

No 104, Ibero America Institute for Econ. Research (IAI) Discussion Papers from Ibero-America Institute for Economic Research

Abstract: This study examines the export-led growth hypothesis using annual time series data from Chile in a production function framework. It addresses the problem of specification bias under which previous studies have suffered and focuses on the impact of manufactured and mining exports on productivity growth. In order to investigate if and how manufactured and mining exports affect economic growth via increases in productivity, the study uses Johansen cointegration technique. The estimation results can be interpreted as evidence of productivity-enhancing effects of manufactured exports and of productivity-limiting effects of mining exports.

Keywords: Export-led growth; Chile; cointegration (search for similar items in EconPapers)
JEL-codes: C32 F43 O47 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2005-04-28
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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http://www2.vwl.wiso.uni-goettingen.de/ibero/working_paper_neu/DB104.pdf (application/pdf)

Related works:
Journal Article: Manufacturing exports, mining exports and growth: cointegration and causality analysis for Chile (1960-2001) (2007)
Working Paper: Manufacturing Exports, Mining Exports and Growth: Cointegration and Causality Analysis for Chile (1960 - 2001) (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:got:iaidps:104

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