https://mpra.ub.uni-muenchen.de/id/eprint/13417 2019-09-26T15:57:35Z info:eu-repo/semantics/descriptiveMetadata https://mpra.ub.uni-muenchen.de/13417/ Conditioned Export-Led Growth Hypothesis: A Panel Threshold Regressions Approach Galimberti, Jaqueson K. O11 - Macroeconomic Analyses of Economic Development O50 - General O40 - General F43 - Economic Growth of Open Economies This paper proposes a reassessment of the export-led growth hypothesis focusing on conditioning effects from countries initial level of GDP per worker, human capital stock, and exports share in GDP. For this purpose a panel threshold regression technique was applied over selected cross-country panel data, covering a broad sample of 72 countries and two sub-samples over the period from 1974 to 2003. Special attention was given to the 5-years data averaging procedure, using panel unit root tests, and to the variables measures choice, where a sensitivity analysis is proposed. Overall, the evidence reported favors the export-led growth hypothesis, where the relationship between exports and growth was showed to be not as trivial as linear specifications would indicate. 2009-02-11 MPRA Paper NonPeerReviewed application/pdf en https://mpra.ub.uni-muenchen.de/13417/1/MPRA_paper_13417.pdf Galimberti, Jaqueson K. (2009): Conditioned Export-Led Growth Hypothesis: A Panel Threshold Regressions Approach. en info:eu-repo/semantics/objectFile info:eu-repo/semantics/humanStartPage