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Manufacturing exports, mining exports and growth: cointegration and causality analysis for Chile (1960-2001)
[journal article]
Abstract This study examines the export-led growth hypothesis using annual time series data from Chile in a production function framework. It addresses the problem of specification bias under which previous studies have suffered and focuses on the impact of manufactured and mining exports on productivity gro... view more
This study examines the export-led growth hypothesis using annual time series data from Chile in a production function framework. It addresses the problem of specification bias under which previous studies have suffered and focuses on the impact of manufactured and mining exports on productivity growth. In order to investigate if and how manufactured and mining exports affect economic growth via increases in productivity, the study uses Johansen cointegration technique. The estimation results can be interpreted as evidence of productivity-enhancing effects of manufactured exports and of productivity-limiting effects of mining exports.... view less
Document language
English
Publication Year
2006
Page/Pages
p. 153-167
Journal
Applied Economics, 39 (2006) 2
DOI
https://doi.org/10.1080/00036840500427965
Status
Postprint; peer reviewed
Licence
PEER Licence Agreement (applicable only to documents from PEER project)