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Title: |
Exports, Imports and Income in Taiwan: An Examination of the Export Led
Growth Hypothesis |
| Author: |
Chang, T. |
| Author
Affiliation: |
Feng Chia U |
| Source: |
International Economic Journal, Summer 2000, v. 14, no. 2, pp. 151-160 |
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Publication Date: |
Summer 2000 |
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Abstract: |
Cointegration and vector autoregression
are used to examine relationships among exports, imports, and income in
Taiwan from 1971 to 1995. These three series are cointegrated. There is
bidirectional Granger causality between exports and imports, and between
imports and income. Impulse responses and variance decompositions
uncover only weak links from exports to income. The export led growth
hypothesis is not supported for Taiwan during this period of rapid
growth. |
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