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Manufacturing exports, mining exports and growth: cointegration and causality analysis for Chile (1960-2001)

机译:制造业出口,矿业出口和增长:智利的协整和因果关系分析(1960-2001年)

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摘要

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.
机译:这项研究使用生产功能框架中来自智利的年度时间序列数据检验了出口带动的增长假设。它解决了先前研究遭受的规格偏差问题,并着重于制造和采矿出口对生产率增长的影响。为了调查制造业和采矿业的出口是否以及如何通过生产力的提高来影响经济增长,该研究使用了约翰逊协整技术。估计结果可以解释为制成品出口的生产率提高效应和采矿出口的生产率极限效应的证据。

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