TY - JOUR
T1 - Export diversification, mean-reversion of exports, and stability of export–growth causality
AU - Furuoka, Fumitaka
AU - Harvey, Hanafiah
AU - Munir, Qaiser
N1 - Funding Information:
This study was conducted as part of a Jean Monnet Center of Excellence project (Project Number: 586907-EPP-1-2017-1-MY-EPPJMO-CoE). This work was supported by the European Commission.
Publisher Copyright:
© 2018, © 2018 Taylor & Francis.
PY - 2019/5/4
Y1 - 2019/5/4
N2 - This study proposes a five-step statistical procedure to examine a linkage among export diversification, mean-reversion of exports, and stability of the export–growth causality. This linkage was assessed for France, Norway, and Switzerland between 1980Q1 and 2016Q4. The findings indicated that the mean-reversion tendency of the export sectors in France and Switzerland was stronger than in Norway, which highlighted the important role of export activities for economic growth in France and Switzerland. Also, the causal relationship between exports and economic growth in Norway was found to be more unstable than in France, but more stable than in Switzerland.
AB - This study proposes a five-step statistical procedure to examine a linkage among export diversification, mean-reversion of exports, and stability of the export–growth causality. This linkage was assessed for France, Norway, and Switzerland between 1980Q1 and 2016Q4. The findings indicated that the mean-reversion tendency of the export sectors in France and Switzerland was stronger than in Norway, which highlighted the important role of export activities for economic growth in France and Switzerland. Also, the causal relationship between exports and economic growth in Norway was found to be more unstable than in France, but more stable than in Switzerland.
UR - http://www.scopus.com/inward/record.url?scp=85059063573&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85059063573&partnerID=8YFLogxK
U2 - 10.1080/08853908.2018.1555497
DO - 10.1080/08853908.2018.1555497
M3 - Article
AN - SCOPUS:85059063573
SN - 0885-3908
VL - 33
SP - 221
EP - 238
JO - International Trade Journal
JF - International Trade Journal
IS - 3
ER -