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| Registros recuperados: 10 | |
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| Awokuse, Titus O.. |
| Empirical evidence linking exports to economic growth has been mixed and inconclusive. This study re-examine the export-led growth (ELG) hypothesis for Canada by testing for Granger causality from exports to national output growth using vector error correction models (VECM) and the augmented vector autoregressive (VAR) methodology developed in Toda and Yamamoto (1995). Application of recent developments in time series modeling and the inclusion of relevant variables omitted in previous studies help clarify the contradictory results from prior studies on the Canadian economy. The empirical results suggest that a long-run steady state exists among the model's six variables and that Granger causal flow is unidirectional from real exports to real GDP. |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Development; International Relations/Trade; F43; C32. |
| Ano: 2002 |
URL: http://purl.umn.edu/15823 |
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| Sharma, Kishor. |
| The consequences of liberalization on structural changes are examined using data from manufacturing industry in Nepal which is classified as a least developed country. This is important because doubts that liberalization may not solve the problems of low-income developing countries remain strong due mainly to low supply elasticities and the early stage of industrialization. Results suggest some structural changes in manufacturing output and trade orientation. However, no significant improvements were recorded in the overall productivity growth and spatial distribution of manufacturing which appear to be due mainly to the lack of basic infrastructure and the shortage of skilled manpower. Thus, appropriate investment policies, which channel resources to... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Liberalization; Import penetration; Export intensity; Total factor productivity growth; Nepal; International Relations/Trade; E13; F13; F14; F43; 041. |
| Ano: 2000 |
URL: http://purl.umn.edu/28394 |
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| Gaitan, Beatriz; Roe, Terry L.. |
| The closed economy neoclassical growth model predicts convergence to a capital stock level that is independent of its initial level, suggesting that discrepancies in per capita income among the world’s economies should largely disappear in the long-run. This paper shows that international trade among countries differing only in their level of initial capital is sufficient to generate long-run income differences across countries. The long-run level of capital of the country most initially endowed with capital is shown to exceed the level of capital otherwise obtained in autarchy while the country least endowed converges to a capital stock lower than would otherwise be obtained in autarchy. |
| Tipo: Report |
Palavras-chave: International trade; Development; Multiple Equilibria; International Relations/Trade; O41; F43; F11. |
| Ano: 2007 |
URL: http://purl.umn.edu/7183 |
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| Zhuang, Renan; Koo, Won W.. |
| It has been controversial among economists about the impacts of globalization on growth, and the debate over the issue has intensified in recent years. In this study, we employ reliable panel data and an empirical growth model derived from production theory to investigate the effects of globalization on economic growth. The estimation results strongly suggest that economic globalization has a significant positive effect on economic growth for all countries. However, China and India would gain the most, followed by developed countries, and other developing countries would gain the least. Other important determinants of economic growth include capital, human capital, and technology. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Globalization; Economic growth; Measure of Economic Globalization; International Development; F15; F43. |
| Ano: 2007 |
URL: http://purl.umn.edu/9750 |
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| Registros recuperados: 10 | |
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