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Cointegration, causality and export-led growth in Mexico, 1895–1992
Authors:John Thornton
Institution:Economics Department, Money and Finance Division, OECD, 2 rue Andre Pascal, 75775 Paris Cedex 16, France
Abstract:Cointegration and Granger-causality tests show that real exports and real GDP in Mexico over 1895–1992 were cointegrated and there was a significant and positive Granger-causal relationship running from exports to economic growth.
Keywords:Exports  Economic growth  Cointegration  Granger causality
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