The role of exports on economic growth: evidence from a sample of Latin American and Caribbean countries

Authors

  • Wilfredo Toledo Universidad de Puerto Rico, Puerto Rico Autor

DOI:

https://doi.org/10.33937/reveco.2017.88

Keywords:

export-led growth hypothesis, Granger causality, Latin America, panel data

Abstract

This article analyzes the relationship between exports and economic growth in a panel of 17 Latin America and Caribbean countries. The time dimension of the database is 1971 to 2013. The Granger causality test was the principal methodology used in this paper. The analysis was done for total and high-technology exports. The results of causality tests suggest that there is a feedback relationship between total exports and real GDP. However, it was found slight evidence that high technology exports Granger-cause economic growth.

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Published

2017-06-01

Issue

Vol. 34 No. 89 (2017): Segundo Semestre 2017 Vol. XXXIV Num.89

Section

Original Articles

License

D.R. © Revista de Economía

The conditions that are required when granting the attribution license called CC -BY-NC-SA are the following:

1. The Universidad Autónoma de Yucatán must be clearly identified as the owner of the copyright of the original publication.

2. The material may not be used for commercial purposes.

3. Any derivative work must be published and distributed under the same open access license as the original publication.

How to Cite

The role of exports on economic growth: evidence from a sample of Latin American and Caribbean countries. (2017). Revista De Economía, Facultad De Economía, Universidad Autónoma De Yucatán, 34(89), 78-100. https://doi.org/10.33937/reveco.2017.88