Export-led-growth hypothesis revisited. A balance of payments approach for Argentina, Brazil, Chile and Mexico

  1. Matesanz Gómez, David 1
  2. Fugarolas Álvarez-Ude, Guadalupe 2
  1. 1 Universidad de Oviedo
    info

    Universidad de Oviedo

    Oviedo, España

    ROR https://ror.org/006gksa02

  2. 2 Universidade de Santiago de Compostela
    info

    Universidade de Santiago de Compostela

    Santiago de Compostela, España

    ROR https://ror.org/030eybx10

Revista:
Notas técnicas: [continuación de Documentos de Trabajo FUNCAS]

ISSN: 1988-8767

Año de publicación: 2010

Número: 508

Tipo: Documento de Trabajo

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Resumen

This study re-examines the export-led growth hypothesis for four Latin American countries in the spirit of the balance of payments constraint approach and, in particular, dealing with the Thirlwall and Hussain model. Using the Toda and Yamamoto (1995) and Dolado and Lütkepohl (1996) methodology for testing for Granger non-causality in vector autoregressive models that involve variables that are integrated of an arbitrary order and that are possibly cointegrated, the estimation results support the export-led growth hypothesis in Argentina, Brazil and Chile while an import led export phenomenon is addressed for the mexican case

Fuente de los datos: Dialnet