Cuadernos de economía
versión On-line ISSN 0717-6821
MANESCHIOLD, PER-OLA. A Note on the Export-Led Growth Hypothesis: A Time Series Approach. Cuad. econ. [online]. 2008, vol.45, n.132, pp. 293-302. ISSN 0717-6821. http://dx.doi.org/10.4067/S0717-68212008000200006.
The export-led growth hypothesis is analysed for Argentina, Brazil, and Mexico using cointegration and causality techniques. Cointegration isfound for Argentina and Mexico in both a pre-break and post-break period, where the break is related to the introduction ofthe NAFTA. Furthermore, the causal relationship is either bi-directional or unidirectional from export to GDP revealing support to the hypothesis and an outward oriented policy.
Palabras clave : Export-Led Growth; Cointegration; Causality; Argentina; Brazil; México.