TESTS OF THE MAIZELS' HYPOTHESIS FOR LATIN AMERICAN COUNTRIES
Dipendra Sinha
(Senior Lecturer and Director of Postgraduate Studies, Department of Economics, Macquarie University, Sydney, NSW 2109, AUSTRALIA)
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Abstract
Maizels hypothesizes that export provides more boosts for saving than the non‐export part of GDP. We use recent time series techniques of unit root and cointegration to test the Maizels' hypothesis for nine Latin American countries. Cointegrated vectors and OLS estimates in first differences of the variables provide support for the Maizels' hypothesis.
Citation
Sinha, D. (1998), "TESTS OF THE MAIZELS' HYPOTHESIS FOR LATIN AMERICAN COUNTRIES", Studies in Economics and Finance, Vol. 19 No. 1/2, pp. 103-118. https://doi.org/10.1108/eb028749
Publisher
:MCB UP Ltd
Copyright © 1998, MCB UP Limited