Total factor productivity growth and export-led strategiesreviewing the cross-country evidence

Resumo

In this paper we review, examine and comment the empirical literature that relies on cross-country statistical analyses to shoe that export orientation has a positive and significant impact on total factor productivity growth. We comment the work reviewed along four lines. First, we address the question of properly identifying the degree of export bias of an economy and the ways by which exports and growth are related. Second, we consider the sensitivity of the results to sample and period selection. Third, we review the evidence with respect to the direction of causality between export and output growth. Finally, we extend the analysis beyond the single-equation cross-country regression model to see the relevance of specification problems. Our main conclusion is that, although adequate to search for stylized facts, the cross-country model is not the best way to examine the association between total factor productivity growth and trade orientation.

Ficha do documento

Tipo

Estudo

Ano

1989

Instituição

Instituto de Pesquisa Econômica Aplicada (Ipea)

Fonte

Repositório do Ipea

Idioma

Inglês

Acesso

Acesso aberto

Identificador

oai:repositorio.ipea.gov.br:11058/1461

Licença

Licença Padrão Ipea

Temas

EconomiaDados

Palavras-chave

ExportaçõesProdutividadeAnálise estatísticaCrescimento da produtividade