Abstract

TOLEDO, Wilfredo. The role of exports on economic growth: evidence from a sample of Latin American and Caribbean Countries. Rev. econ. [online]. 2017, vol.34, n.89, pp.78-100. ISSN 2395-8715.

This article analyzes the relationship between exports and economic growth in a panel of 17 Latin America and Caribbean countries. The time dimension of the database is 1971 to 2013. The Granger causality test was the principal methodology used in this paper. The analysis was done for total and high-technology exports. The results of causality tests suggest that there is a feedback relationship between total exports and real GDP. However, it was found slight evidence that high technology exports Granger-cause economic growth.

Keywords : export-led growth hypothesis; Granger causality; Latin America; panel data.

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