EconPapers    
Economics at your fingertips  
 

Export-Total Factor Productivity Growth Nexus in East Asian Economies

Hailin Liao () and Xiaohui Liu ()
Additional contact information
Xiaohui Liu: Business School, Loughborough University

Discussion Paper Series from Department of Economics, Loughborough University

Abstract: Despite increasing interest in the relationship between trade and macroeconomic performance in development economics, very limited studies have been conducted on the causal links between exports and productivity growth in Asian economies. This paper examines empirically the interplay between exports and productivity growth for eight East Asian economies in a multivariate framework by applying bound tests and modified Wald tests. The results indicate that causality is bi-directional in the case of Korea, Singapore and Taiwan, while unidirectional from productivity to exports for Mainland China, Hong Kong, Indonesia, Malaysia and the Philippines. These findings provide little support for the conventional export-led growth hypothesis.

Keywords: TFP; exports; bound tests; lag-augmented VAR; East Asian economies (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cna, nep-eff, nep-int and nep-sea
Date: 2007-11, Revised 2007-11
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.lboro.ac.uk/departments/ec/RePEc/lbo/lbowps/exporttfppaper.pdf
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.lboro.ac.uk/departments/ec/RePEc/lbo/lbowps/exporttfppaper.pdf [301 Moved Permanently]--> https://www.lboro.ac.uk/departments/ec/RePEc/lbo/lbowps/exporttfppaper.pdf)

Related works:
Journal Article: Export-total factor productivity growth nexus in East Asian economies (2009) Downloads
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: https://EconPapers.repec.org/RePEc:lbo:lbowps:2007_23

Access Statistics for this paper

More papers in Discussion Paper Series from Department of Economics, Loughborough University Contact information at EDIRC.
Bibliographic data for series maintained by Huw Edwards ().

 
Page updated 2019-09-07
Handle: RePEc:lbo:lbowps:2007_23