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Export instability and the domestic economy

Questions of causality

Bibliographic Data

ID20301427
AuthorsJames H Love (University of Strathclyde, corresponding author), James Love (0000-0002-5727-8121)
Year1992
Volume28
Issue4
Pages735-742
Publication date1992-07-01
Open AccessNo
TypeARTICLE
VenueThe Journal of Development Studies (JOURNAL)
Journal identifiersISSN: 0022-0388 • E-ISSN: 1743-9140
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00220389208422256
OpenAlexW1982963449
LanguageEN
Citations received2
References cited15

The conventional view concerning the impact of export instability on the domestic economies of developing countries is one of pessimism. Export instability is thought to adversely affect the short‐run stability and longer‐run growth of income. Empirical evidence on these matters is, however, inconclusive. This article applies a Granger/Sims reduced form approach to examining whether export instability generates short‐run instability in domestic income. For each of a sample of 20 trade‐dependent countries the results obtained strongly support the contention that export instability induces short‐run macroeconomic instability

Causality (physics) · Developing country · Econometrics · Economic growth · Economics · Granger causality · Instability · International economics · Monetary economics · Pessimism · Sample (material) · Short run · Economic Theory and Policy · Global Financial Crisis and Policies · Global trade and economics

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    Constantin S Voivodas•The Review of Economics and…•1974

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Citations per year0.33
Citation span2020 - 2022 (3)
Highly citedNo

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