{"title":"Export-led economic growth and the case of Brazil: An empirical research","authors":"Dilek Temiz Dinç, A. Gökmen","doi":"10.1080/15475778.2019.1609895","DOIUrl":null,"url":null,"abstract":"Abstract The world has been globalized much more than ever before and this process integrates the economies of countries. Moreover, one means of integrating the economies of countries is trade. In this instance, the export-led economic growth emerges as a considerable determinant. Export-led economic growth is beneficial for the countries since it facilitates the inflow of foreign exchange, increases production, creates new employment opportunities and enhances the overall commercial volume. In this study, the correlation between export-led economic growth is explored for Brazil. Therefore, according to the findings of this paper as well as econometric and statistical applications, there is a bi-directional causality in Brazil since 1960s between economic development and exports in the long-run (this could also be termed as feedback); furthermore, in the short-run, there is export-led economic growth. The novelty of this paper is that, it is one of the latest studies investigating export-led economic growth for Brazil.","PeriodicalId":40044,"journal":{"name":"Journal of Transnational Management","volume":"24 1","pages":"122 - 141"},"PeriodicalIF":0.0000,"publicationDate":"2019-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/15475778.2019.1609895","citationCount":"18","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Transnational Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/15475778.2019.1609895","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 18
Abstract
Abstract The world has been globalized much more than ever before and this process integrates the economies of countries. Moreover, one means of integrating the economies of countries is trade. In this instance, the export-led economic growth emerges as a considerable determinant. Export-led economic growth is beneficial for the countries since it facilitates the inflow of foreign exchange, increases production, creates new employment opportunities and enhances the overall commercial volume. In this study, the correlation between export-led economic growth is explored for Brazil. Therefore, according to the findings of this paper as well as econometric and statistical applications, there is a bi-directional causality in Brazil since 1960s between economic development and exports in the long-run (this could also be termed as feedback); furthermore, in the short-run, there is export-led economic growth. The novelty of this paper is that, it is one of the latest studies investigating export-led economic growth for Brazil.
期刊介绍:
As the economic marketplace expands across continents and cultures, it is essential to establish a world-wide network of ideas and information that serves your transnational business interests. The Journal of Transnational Management (retitled from the Journal of Transnational Management Development to better reflect its focus) is an international forum that examines management research, teaching and training techniques, consulting, and development issues from a multicultural perspective, presenting practical business strategies that produce results on a global scale. The Journal of Transnational Management is a comprehensive resource for management in foreign environments, presenting an exchange of conceptual and empirical research on an international level. Articles written by business practitioners, management development experts, and academicians address issues related to firms, public enterprises, educational institutions, and nonprofit organizations throughout the world.