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Export-Output Causality and the Role of Exports in Irish Growth: 1950-1997

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  • Doyle Eleanor

Abstract

Sources of Irish growth are examined using a recently developed Granger causality procedure with particular focus on the role of Irish exports. As augmented production function is employed where the inclusion of variables in addition to exports ensures that different impacts on exports and output are controlled for and thus, a more accurate testing of the export-led-growth hypothesis is possible. The most important sources of Irish growth are identified as the terms of trade and demand in industrial countries i.e. external sources. Bi-directional causality is found for exports and output implying a virtuous circle of growth and exports. [F1,F4]

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  • Doyle Eleanor, 2001. "Export-Output Causality and the Role of Exports in Irish Growth: 1950-1997," International Economic Journal, Taylor & Francis Journals, vol. 15(3), pages 31-54.
  • Handle: RePEc:taf:intecj:v:15:y:2001:i:3:p:31-54
    DOI: 10.1080/10168730100000042
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    1. Matija Rejec & Slavica Penev, 2011. "Attractiveness of Western Balkan Countries for FDI," Book Chapters, in: Mirjana Radovic Markovic & Srdjan Redzepagic & João Sousa Andrade & Paulino Teixeira (ed.), Serbia and the European Union: Economic Lessons from the New Member States, edition 1, volume 1, chapter 2, pages 27-46, Institute of Economic Sciences.
    2. Justin Doran, 2012. "An analysis of the interdependence of demographic factors, labour effort and economic growth in Ireland," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 39(3), pages 221-237, February.
    3. Abo-Zaid Salem M, 2011. "The Trade-Growth Relationship in Israel Revisited: Evidence from Annual Data, 1960-2004," Review of Middle East Economics and Finance, De Gruyter, vol. 6(3), pages 63-93, February.
    4. Akbay O. S., 2011. "Trade-Growth Nexus: Turkish Case," EuroEconomica, Danubius University of Galati, issue 28, pages 108-114, May.
    5. Salih Turan Katircioglu & Neslihan Kahyalar & Hasret Benar, 2007. "Financial development, trade and growth triangle: the case of India," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 34(9), pages 586-598, August.

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