Export diversification, mean-reversion of exports, and stability of export–growth causality
Faculty / School
Faculty of Business Administration (FBA)
Department of Economics
Was this content written or created while at IBA?
International Trade Journal
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.
HJRS - Y Category, Scopus
Furuoka, F., Harvey, H., & Munir, Q. (2019). Export diversification, mean-reversion of exports, and stability of export–growth causality. International Trade Journal, 33 (3), 221-238. Retrieved from https://ir.iba.edu.pk/faculty-research-articles/45