Export diversification, mean-reversion of exports, and stability of export–growth causality

Fumitaka Furuoka, Hanafiah Harvey, Qaiser Munir

Research output: Contribution to journalArticle

Abstract

This study proposes a five-step statistical procedure to examine a linkage among export diversification, mean-reversion of exports, and stability of the export–growth causality. This linkage was assessed for France, Norway, and Switzerland between 1980Q1 and 2016Q4. The findings indicated that the mean-reversion tendency of the export sectors in France and Switzerland was stronger than in Norway, which highlighted the important role of export activities for economic growth in France and Switzerland. Also, the causal relationship between exports and economic growth in Norway was found to be more unstable than in France, but more stable than in Switzerland.

Original languageEnglish (US)
Pages (from-to)221-238
Number of pages18
JournalInternational Trade Journal
Volume33
Issue number3
DOIs
StatePublished - May 4 2019

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Mean reversion
France
Export diversification
Switzerland
Causality
Norway
Economic growth
Linkage
Export growth

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Economics, Econometrics and Finance(all)

Cite this

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Export diversification, mean-reversion of exports, and stability of export–growth causality. / Furuoka, Fumitaka; Harvey, Hanafiah; Munir, Qaiser.

In: International Trade Journal, Vol. 33, No. 3, 04.05.2019, p. 221-238.

Research output: Contribution to journalArticle

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