Export performance and economic growth nexus in Japan: A bootstrap approach

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49 Citations (Scopus)

Abstract

This paper investigates the causal relationship between export growth and economic growth in Japan by performing augmented Granger-causality tests using the bootstrap simulation technique. The estimated results show that the Granger-causality is bi-directional for the period 1960-1999. The established bi-directional causality suggests that the expansion of exports is an integral part of the economic growth process in Japan.

Original languageEnglish
Pages (from-to)25-33
Number of pages9
JournalJapan and the World Economy
Volume14
Issue number1
DOIs
Publication statusPublished - 2002
Externally publishedYes

Keywords

  • Bootstrap simulation technique
  • Export-led growth
  • Granger-causality
  • Japan
  • Output-driven export

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics
  • Political Science and International Relations

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