Exports, economic growth and exogeneity. Taiwan 1953-88

被引:12
|
作者
Kwan, ACC
Cotsomitis, JA
Kwok, B
机构
[1] CONCORDIA UNIV,DEPT ECON,MONTREAL,PQ,CANADA
[2] WILFRID LAURIER UNIV,DEPT ECON,WATERLOO,ON N2L 3C5,CANADA
关键词
D O I
10.1080/000368496328597
中图分类号
F [经济];
学科分类号
02 ;
摘要
The econometric techniques developed by Engle and Hendry (1993) are used to examine empirically the exogeneity status of the real export growth variable in a commonly used output growth equation. Data from Taiwan shows that, while the weak exogeneity assumption appears to be valid, the super exogeneity assumption is rejected. Thus, the results cast doubt on policy recommendations based on the export-led growth hypothesis.
引用
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页码:467 / 471
页数:5
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