Exports and long-run growth: The case of Spain, 1850-2020

被引:2
作者
Bajo-Rubio, Oscar [1 ]
机构
[1] Univ Castilla La Mancha, Fac Law & Social Sci, Dept Econ, Ronda Toledo S-N, Ciudad Real 13071, Spain
关键词
Exports; Economic growth; Export-led growth; Spanish economy; SPANISH ECONOMIC-GROWTH; LED GROWTH; TRADE LIBERALIZATION; CAUSALITY; OPENNESS; COINTEGRATION; HYPOTHESIS; INCOME; COUNTRIES; MODELS;
D O I
10.1080/15140326.2022.2152562
中图分类号
F [经济];
学科分类号
02 ;
摘要
We analyse in this paper the relationship between international trade and economic growth from the point of view of one of the most traditional hypotheses within this field, namely, the export-led growth hypothesis, for the case of Spain in a long-term perspective of 170 years. Exports seem to have played a positive, though modest, role in promoting economic growth in the Spanish economy over the whole period, mostly due to the higher productivity associated with the export sector. The contribution of exports to growth, however, seems to have been stronger in the final years of the 19th century, unlike the rest of the period, where it proved to be negligible.
引用
收藏
页码:1314 / 1337
页数:24
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