Export-led Hypothesis PDF Download

Author: Boriss Siliverstovs
Publisher:
ISBN:
Category : Cointegration
Languages : en
Pages : 18

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Author: Dierk Herzer
Publisher:
ISBN:
Category : Chile
Languages : en
Pages : 29

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Book Description
This study examines the export-led growth hypothesis using annual time series data from Chile in a production function framework. It addresses the limitations of the existing literature and focuses on the impact of manufactured and primary exports on productivity growth.

Author: David Matesanz Gómez
Publisher:
ISBN:
Category :
Languages : en
Pages : 49

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Author: Vittorio Corbo
Publisher: Routledge
ISBN: 0429691335
Category : Social Science
Languages : en
Pages : 356

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Book Description
This book originated with a conference that we held at Pontificia Universidad Cat61ica de Chile in late 1981. When we organized the conference, our focus was to provide policymakers and entrepreneurs with a summary of the experiences and lessons of countries that have pursued policies geared to export-led growth. After the conference we decided that the papers would be useful to a much wider audience and should be prepared for publication. The revised papers are contained in this volume.

Author: Carla Macario
Publisher: Lynne Rienner Publishers
ISBN: 9781555877590
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
Although Latin American and Caribbean countries have assigned a high priority to increasing exports, export performance in most cases remains deficient. This work investigates why this is so, identifying the policies that determine successes and failures in Brazil, Chile, Colombia and Mexico.

Author: Noemi Levy
Publisher: Routledge
ISBN: 0429874421
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
Financial capital continues to dominate Western economic organisations, despite major financial and economic crises. While these have not affected Latin American countries in the same way, other economic problems emerged after the reversion of loose monetary policies that debilitated the export-led growth model. This book discusses the issue of the financialised globalisation model in Latin America, looking at the region’s relationship with the international market. This edited collection is divided into three main sections. The first section discusses regional trends highlighting issues of trade and payments in financialised economies, the impact on deindustrialisation, its effect on inequality, external capital movements and monetary policies. The second section analyses the failure of comparative advantages of the export-led model in Colombia, Argentina and Mexico. Finally, the last section deals with the growth of financial balance sheets in small and developing economies such as Chile; how growth, investment and big corporation evolution were affected in Brazil and Mexico; and the effects of foreign exchange activity in Mexico. Through these discussions, this book aims to deepen the understanding of the crisis of financialisation and the export-led model, raising the question of whether it is possible for this model to continue or if it requires major readjustments to unfold economic growth. This book provides a distinctive analysis of the financialisation mechanisms in developing countries in order to emphasise affinities and differences between the countries of the region in productive and financial terms. It will be of great interest to economic and social science scholars and students, to journalists specialising on economic and development issues, and, more importantly, to policy makers.

Author: Manuel Agosin
Publisher:
ISBN:
Category : Chile
Languages : en
Pages : 64

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Book Description

Author: Mary Anne Pitts
Publisher: Dissertations-G
ISBN:
Category : Business & Economics
Languages : en
Pages : 316

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Book Description

Author: Wiston Adrián Risso
Publisher:
ISBN:
Category :
Languages : en
Pages : 5

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Book Description
International tourism is an important foreign exchange earner and an export for many low income countries as well as for developed ones. Nowadays many developing countries pay attention to economic policies for promoting international tourism as a potential strategic factor to development and economic growth. The tourism-led economic growth hypothesis (TLGH) postulates that tourism expansion leads to economic growth. It derives directly from the export-led growth hypothesis (ELGH) which states that the economic growth of countries can be generated not only by increasing the amount of labour and capital within the economy, but also expanding exports. Actually, exports generally contribute positively to economic growth through different ways: facilitating the exploitation of economies of scale, relieving the foreign exchange constraint, raising efficiency through increased competition and promoting the diffusion of technical knowledge. In this paper we examine the contribution of tourism to economic growth in Chile. The objective is to investigate possible causal relationships among tourism expenditure, real exchange rate and economic growth using quarterly data from 1986 to 2007. We try to find a plausible answer to the question: quot;Does the tourism sector cause economic growth and/or can it be a key factor for the Chilean economy?quot;. The hypothesis is tested empirically by using the Johansen cointegration test. In addition, a modified version of the Granger Causality test is performed in order to reveal the direction of causality between economic growth and tourism expansion. The results indicate that, during the last decades, economic growth in Chile has been sensible to the expansion of international tourism. The increase of this activity has produced multiplier effects over time. Recognition of the existence of a causal relationship between international tourism and economic growth has important implications for the development of different tourism marketing and policy decisions. In order to improve its economic growth performance, Chile, as empirical results support a tourism-led economic growth, should allocate more resources to tourism and travel industries prior to other segments.

Author: Sandra Kuntz-Ficker
Publisher: Springer
ISBN: 3319623400
Category : Business & Economics
Languages : en
Pages : 363

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Book Description
This book challenges the wide-ranging generalizations that dominate the literature on the impact of export-led growth upon Latin America during the first export era. The contributors to this volume contest conventional approaches, stemming from structuralism and dependency theory, which portray a rather negative view of the impact of nineteenth-century globalization upon Latin America. It has been considered that, as a result of the role of Latin American countries as providers of raw materials produced in enclaves dominated by foreign capital, their participation in the world economy has had adverse consequences for their long-term development. This volume addresses a representative sample of countries with varied initial conditions and resource endowments, a diverse productive specialization, as well as different degrees of integration to the world economy. This allows a direct comparison among the different experiences within the region, which in turn enables a more nuanced understanding of the contribution of exports to economic growth and economic modernization. Seven national case studies are presented – Argentina, Brazil, Colombia, Chile, Peru, Mexico and Bolivia – which offer an insight into the successes of a region traditionally viewed as disadvantaged by globalization and export-led growth. Winner of the Vicens Vives prize for the best economic history book granted by the Spanish Economic History Association.