‘Export Led Growth’ x ‘Growth Led Exports’: What Matters for the Brazilian Growth Experience after Trade Liberalization?
Ricardo Araujo () and
MPRA Paper from University Library of Munich, Germany
In this paper we study the Brazilian growth experience after trade liberalization by testing both the Export Led Growth (ELG) and the Growth Led Exports (GLE) hypotheses through a causality test between exports and gross domestic output (GDP). The paper provides further evidence that after openness both ELG and GLE hypotheses are useful to explain the Brazilian growth experience.
Keywords: Export led growth; Growth Led Exports; Thirlwall’s law; Granger causality test. (search for similar items in EconPapers)
JEL-codes: O41 O24 (search for similar items in EconPapers)
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https://mpra.ub.uni-muenchen.de/30562/1/MPRA_paper_30562.pdf original version (application/pdf)
Journal Article: Export-led growth vs growth-led exports: what matters for the Brazilian growth experience after trade liberalization? (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:30562
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