The Export-led growth hypothesis revisited: Theory and Evidence

Working Paper N° 19

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Autores principales: Ahumada, Hildegart, Sanguinetti, Pablo
Formato: Documento de trabajo
Lenguaje:Inglés
Publicado: Universidad Torcuato Di Tella 2024
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Acceso en línea:https://repositorio.utdt.edu/handle/20.500.13098/12944
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id I57-R163-20.500.13098-12944
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spelling I57-R163-20.500.13098-129442025-06-18T20:43:09Z The Export-led growth hypothesis revisited: Theory and Evidence Ahumada, Hildegart Sanguinetti, Pablo Export-led growth Endogenous growth Export-output causality Working Paper N° 19 Exports have been often singled out as a key determinants of fast and sustainable rise in per capita income. In this paper we revisit this export-led growth hypothesis (ELGH). From an empirical point of view we study this phenomenon applying Granger-type tests on panel data. The results seem to confirm that, for the sample of countries and the period under study, exports did behave as the "engine of growth" as they Granger-caused investment, output growth and imports. To capture these empirical features, in the theoretical analysis, we reformulate the ELGH standard model in terms of recent models of endogenous growth. Este Documento forma parte de la serie Working Papers (ISSN 0327-9588), publicada por la Universidad Torcuato Di Tella entre 1993 y 2001 Universidad Torcuato Di Tella 2024-08-06T23:01:16Z 2024-08-06T23:01:16Z 1995-06 info:eu-repo/semantics/workingPaper https://repositorio.utdt.edu/handle/20.500.13098/12944 eng Working Papers (ISSN 0327-9588) Working Papers (ISSN 0327-9588) info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-sa/2.5/ar/ 29 p. application/pdf application/pdf
institution Universidad Torcuato Di Tella
institution_str I-57
repository_str R-163
collection Repositorio Digital Universidad Torcuato Di Tella
language Inglés
orig_language_str_mv eng
topic Export-led growth
Endogenous growth
Export-output causality
spellingShingle Export-led growth
Endogenous growth
Export-output causality
Ahumada, Hildegart
Sanguinetti, Pablo
The Export-led growth hypothesis revisited: Theory and Evidence
topic_facet Export-led growth
Endogenous growth
Export-output causality
description Working Paper N° 19
format Documento de trabajo
author Ahumada, Hildegart
Sanguinetti, Pablo
author_facet Ahumada, Hildegart
Sanguinetti, Pablo
author_sort Ahumada, Hildegart
title The Export-led growth hypothesis revisited: Theory and Evidence
title_short The Export-led growth hypothesis revisited: Theory and Evidence
title_full The Export-led growth hypothesis revisited: Theory and Evidence
title_fullStr The Export-led growth hypothesis revisited: Theory and Evidence
title_full_unstemmed The Export-led growth hypothesis revisited: Theory and Evidence
title_sort export-led growth hypothesis revisited: theory and evidence
publisher Universidad Torcuato Di Tella
publishDate 2024
url https://repositorio.utdt.edu/handle/20.500.13098/12944
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AT sanguinettipablo theexportledgrowthhypothesisrevisitedtheoryandevidence
AT ahumadahildegart exportledgrowthhypothesisrevisitedtheoryandevidence
AT sanguinettipablo exportledgrowthhypothesisrevisitedtheoryandevidence
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