Work

On exports and economic growth: the case of Italy

Year: 2002
Type: article
Abstract: The export-led growth hypothesis for the Italian economy (1960-98) is tested through a VAR model with four macroeconomic variables: an index of the GDP of the rest of the world; the Italian real exchange rate; Italian real exports; and the Italian real GDP. Our results provide clear empirical support for the hypothesis. They also suggest that the Kaldorian approach is very useful in analysing short-run as well as long-run growth and fluctuations of an open economy such as Italy.
Language: English
Open Access status: green
OpenAlex ID: W1997979377
FWCI: 2.274
Cites: 43
Cited by: 63
Related to: 10