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Record Nr. |
UNINA9910788231603321 |
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Autore |
Yang Jie |
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Titolo |
An Analysis of So-Called Export-led Growth / / Jie Yang |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2008 |
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ISBN |
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1-4623-3964-6 |
9786612841712 |
1-282-84171-8 |
1-4518-7078-7 |
1-4519-9232-7 |
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Descrizione fisica |
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1 online resource (44 pages) |
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Collana |
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IMF Working Papers |
IMF working paper ; ; WP/08/220 |
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Disciplina |
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Soggetti |
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Exports - Econometric models |
Foreign exchange rates - Econometric models |
Elasticity (Economics) - Econometric models |
Exports and Imports |
Foreign Exchange |
Economic Theory |
Production and Operations Management |
Trade: General |
Agriculture: Aggregate Supply and Demand Analysis |
Prices |
Human Capital |
Skills |
Occupational Choice |
Labor Productivity |
International economics |
Currency |
Foreign exchange |
Economic theory & philosophy |
Macroeconomics |
Export performance |
Real exchange rates |
Exports |
Demand elasticity |
Labor productivity |
Elasticity |
Economics |
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Hong Kong Special Administrative Region, People's Republic of China |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Bibliographic Level Mode of Issuance: Monograph |
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Nota di bibliografia |
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Includes bibliographical references. |
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Sommario/riassunto |
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The stylized fact that strong economic growth is usually accompanied with strong export growth leads many people to conclude that the export sector is the main driving force behind those episodes. The model in this paper, however, shows that the non-tradable sector may also generate high economic growth together with high export growth. Evidence shows that out of 71 "so-called" export-led growth episodes, only 37 of them are consistent with the "exports driving growth" hypothesis. Most of the remaining episodes (24 cases) experienced significant real exchange rate depreciation and are more likely to be characterized by "growth driving exports". |
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