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A Band Spectral Analysis of Exports and Economic Growth in the United States

Year: 1999

Type: article

Abstract: This paper examines the role of exports in aggregate economic growth in the United States using band spectral regression. The findings reveal a predictable relationship between long‐run frequency components of real export growth and real GDP growth over the post‐Bretton Woods period of flexible exchange rates. The study fails to uncover a significant relationship between long‐run frequency components of the terms of trade and real output. Overall, the findings support the export‐led growth hypothesis, and dismiss long‐run movements in the terms of trade as an important determinant of real output growth.

Source: Review of International Economics

DOI: 10.1111/1467-9396.00152

Authors: H. Sonmez Atesoglu, Jon Vilasuso

Institution: Clarkson University

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W2015181528

FWCI:

Cites:

Cited by: 12

Related to: 10