Abstract
What Does Liberalisation Do for Exports and Growth? - This paper addresses the issues of whether exports and growth are related and whether any relationship appears to be affected by liberalisation. A production function approach using time series analysis is used to investigate both issues, for a sample of some 14 countries which have undergone liberalisation episodes. The results suggest that though exports and growth are positively related, the relationship does not appear to be a robust one. Moreover, it is a relationship which appears to be significantly affected by liberalisation in only a minority of cases.
Zusammenfassung
Wie wirkt sich eine Liberalisierung auf Exporte und Wachstum aus? - Dieser Aufsatz befaßt sich mit der Frage, ob Exporte und Wachstum in einer festen Beziehung stehen und ob eine solche Beziehung durch Liberalisierung beeinflußt wird. Diese beiden Fragen werden mit Hilfe von Produktionsfunktionen in einer Zeitreihenanalyse untersucht, und zwar für 14 Länder, die eine Liberalisierung erlebt haben. Die Ergebnisse deuten darauf hin, daß Exporte und Wachstum zwar positiv korreliert sind, die Beziehung aber nicht robust ist. Außerdem scheint sie nur in sehr wenigen Fällen durch eine Liberalisierung signifikant beeinflußt worden zu sein.
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