Export-led growth and the Japanese economy: Evidence from VAR and directed acyclic graphs

Applied Economics

Volumn 38, Issue 5, 2006, Pages 593-602

  Awokuse, Titus O ^a  

^a UNIVERSITY OF DELAWARE   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMICS;

ASIA; EURASIA; FAR EAST; JAPAN;

EID: 33645552632     PISSN: 00036846     EISSN: None     Source Type: Journal    
DOI: 10.1080/00036840600619594     Document Type: Article

References (38)

1. Afxentiou, PC and Serletis, A. (1991) Exports and GNP causality in the industrial countries: 1950-1985 Kyklos, 44, pp. 67-79.
2. Awokuse, TO. (2003) Is the export-led growth hypothesis valid for Canada? Canadian Journal of Economics, 36, pp. 126-36.
3. Awokuse, TO and Bessler, DA. (2003) Vector autoregression, policy analysis, and directed graphs: An application to the U.S. economy Journal of Applied Economics, 6, pp. 1-24.
4. Balassa, B. (1978) Exports and economic growth: Further evidence Journal of Development Economics, 5, pp. 181-9.
5. Ben-David, D and Loewy, MB. (1998) Free-trade, growth, and convergence Journal of Economic Growth, 3, pp. 143-70.
6. Bernanke, B. (1986) Alternative explanations of the money-income correlation Carnegie-Rochester Conference Series on Public Policy, 25, pp. 49-100.
7. Bessler, DA and Jian, Y. (2003) The structure of interdependence in international stockmarkets Journal of International Money and Finance, 22, pp. 261-87.
8. Boltho, A. (1996) Was Japanese growth export-led? Oxford Economic Papers, 48, pp. 415-32.
9. Buffie, E. (1992) On the condition for export-led growth Canadian Journal of Economics, 25, pp. 211-25.
10. Chen, EKY.(1979) Hyper-Growth in Asian Economies. London: Macmillan.
11. Dolado, JJ and Lutkepohl, H. (1996) Making Wald test work for cointegrated VAR systems Econometrics Review, 15, pp. 369-86.
12. Ghartey, EE. (1993) Causal relationship between exports and economic-growth - some empirical evidence in Taiwan, Japan and the United-States Applied Economics, 25, pp. 1145-52.
13. Giles, JA.(2002) Testing for two-step Granger noncausality in trivariate VAR models. In Handbook of Applied Econometrics and Statistical Inference. (pp. 371-99). New York: Marcel Dekker.
14. Giles, JA and Williams, CL. (2000) Export-led growth: A survey of the empirical literature and some non-causality results, Part 1 Journal of International Trade and Economic Development, 9, pp. 261-337.
15. Grabowski, R and Sharma, SC and Dhakal, D. (1990) Exports and the Japanese economic development Economics Letters, 32, pp. 127-32.
16. Grange, CWJ. (1980) Testing causality: A personal viewpoint Journal of Economic Dynamics and Control, 23, pp. 29-52.
17. Hannan, EJ and Quinn, BG. (1979) The determination of the order of an autoregression Journal of the Royal Statistical Society B, 41, pp. 190-95.
18. Hatemi-J, A. (2002) Export performance and economic growth nexus in Japan: A bootstrap approach Japan and the World Economy, 14, pp. 25-33.
19. Hausman, JA. (2003) Triangular structural model specification and estimation with application to causality Journal of Econometrics, 112, pp. 107-13.
20. Hayami, Y.(2001) Development Economics 2nd edn. Oxford: Oxford University Press.
21. Helpman, E and Krugman, P.(1985) Market Structure and Foreign Trade. Cambridge MA: MIT Press.
22. Hoover, KD.(2001) Causality in Macroeconomics. Cambridge: Cambridge University Press.
23. Lutkepohl, H. (1982) Non-causality due to omitted variables Journal of Econometrics, 19, pp. 367-78.
24. Marin, D. (1992) Is the export-led growth hypothesis valid for industrialized countries? Review of Economics and Statistics, 74, pp. 678-88.
25. Pearl, J. (1995) Causal diagrams for empirical research Biometrika, 82, pp. 669-710.
26. Pearl, J.(2000) Causality. Cambridge: Cambridge University Press.
27. Ram, R. (1987) Exports and economic growth in developing countries Economic Development and Cultural Change, 36, pp. 51-72.
28. Richards, DG. (2001) Exports as a determinant of long-run growth in Paraguay, 1966-96 Journal of Development Studies, 38, pp. 128-46.
29. Scheines, R and Spirtes, P and Glymour, C and Meek, C.(1994) TETRAD II: User's Manual and Software. NJ: Lawrence Erlbaum Associates.
30. Schwarz, G. (1978) Estimating the dimension of a model Annals of Statistics, 6, pp. 461-4.
31. Sharma, SC and Norris, NM and Chung, DW. (1991) Exports and economic growth in industrialized countries Applied Economics, 23, pp. 697-707.
32. Sheehey, EJ. (1992) Exports and growth: Additional evidence Journal of Development Studies, 28, pp. 730-34.
33. Shinohara, M. (1975) On the evaluation of the 360-Yen exchange rate Japanese Economic Studies, 4, pp. 3-22.
34. Spirtes, P and Glymour, C and Scheines, R.(2000) Causation, Prediction, and Search. Cambridge MA: MIT Press.
35. Swanson, NR and Granger, CWJ. (1997) Impulse response functions based on a causal approach to residual orthogonalization in vector autoregressions Journal of the American Statistical Association, 92, pp. 357-67.
36. Toda, HY and Yamamoto, T. (1995) Statistical inference in vector autoregression with possibly integrated processes Journal of Econometrics, 66, pp. 225-50.
37. Wilbur, W. L. and Haque M.Z. (1992) An investigation of the export expansion hypothesis, Journal of Development Studies 28, 297-313
38. Yamada, H. (1998) A note on the causality between export and productivity Economics Letters, 61, pp. 111-14.