Export diversification, mean-reversion of exports, and stability of export–growth causality

Fumitaka Furuoka; Hanafiah Harvey; Qaiser Munir

doi:10.1080/08853908.2018.1555497

Export diversification, mean-reversion of exports, and stability of export–growth causality

Fumitaka Furuoka, Hanafiah Harvey, Qaiser Munir

Penn State Mont Alto

Research output: Contribution to journal › Article › peer-review

5 Scopus citations

Abstract

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.

Original language	English (US)
Pages (from-to)	221-238
Number of pages	18
Journal	International Trade Journal
Volume	33
Issue number	3
DOIs	https://doi.org/10.1080/08853908.2018.1555497
State	Published - May 4 2019

All Science Journal Classification (ASJC) codes

Business and International Management
Economics, Econometrics and Finance(all)

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/08853908.2018.1555497

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title = "Export diversification, mean-reversion of exports, and stability of export–growth causality",

abstract = "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.",

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AU - Harvey, Hanafiah

AU - Munir, Qaiser

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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.

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Export diversification, mean-reversion of exports, and stability of export–growth causality

Abstract

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