CAUSALITY BETWEEN PRODUCTIVITY AND EXPORTS IN AGRICULTURE: EVIDENCE FROM ASIA AND LATIN AMERICA
研究了亚洲和拉丁美洲国家农业生产力与出口之间的因果关系,通过计量检验发现结果不一,仅在少数案例中支持出口带动增长假说。
This paper examines the causal relationship between agricultural productivity and exports for selected Asian and Latin American countries. Alternative views about the causal relationship between these variables of economic interest exist. Economic theory provides no firm basis to judge whether productivity causes exports or exports cause productivity (export‐led growth). Since this issue is empirical, econometric tests are utilised to investigate the nature of this causality. Test results are mixed although the export‐led growth hypothesis is validated in a few cases.