Article ID Journal Published Year Pages File Type
982914 Procedia Economics and Finance 2015 7 Pages PDF
Abstract

This paper empirically investigates the export-led growth hypothesis for Costa Rica. Johansen co-integration and Granger Causality tests are employed to investigate the long-run relationship and causality between exports and economic growth respectively. The results of Johansen co-integration indicate a long-run equilibrium relationship between exports and economic growth. Granger causality test results show an unidirectional causality from economic growth to export growth of Costa Rica.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics