Abstract
This paper investigates the causal relationship between export growth and economic growth in Japan by performing augmented Granger-causality tests using the bootstrap simulation technique. The estimated results show that the Granger-causality is bi-directional for the period 1960-1999. The established bi-directional causality suggests that the expansion of exports is an integral part of the economic growth process in Japan.
Original language | English |
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Pages (from-to) | 25-33 |
Number of pages | 9 |
Journal | Japan and the World Economy |
Volume | 14 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2002 |
Externally published | Yes |
Keywords
- Bootstrap simulation technique
- Export-led growth
- Granger-causality
- Japan
- Output-driven export
ASJC Scopus subject areas
- Finance
- Economics and Econometrics
- Political Science and International Relations