Download or read book On the Export led Growth Hypothesis written by Jordan Shan and published by . This book was released on 1997 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Is the Export led Growth Hypothesis Valid for Developing Countries written by Emilio J. Medina-Smith and published by United Nations Conference on Trade and Development. This book was released on 2001 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The export-led growth hypothesis (ELGH) postulates that export growth is one of the determinants of economic growth. This study tests the hypothesis by examining the economy of Costa Rica, using data going back to 1950. It found that although exports had a positive effect on growth, their impact was relatively. It thus challenges some of the empirical literature on ELGH and expresses doubts about using exports as a comprehensive development strategy.
Download or read book The Export Led Growth Hypothesis New Evidence and Implications written by Mpho Bosupeng and published by GRIN Verlag. This book was released on 2015-06-12 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Study from the year 2015 in the subject Business economics - Miscellaneous, University of Botswana, course: Macroeconomics, language: English, abstract: Previous studies on economic growth have shown that countries that relied on exports to propel their economies have been successful in achieving robust economic growth. This study considers Botswana's mineral exports production from 2003 Q1 to 2012 Q4 and relates each export commodity with the GDP. This study applies the Johansen co-integration test and the Granger causality test to determine the applicability of the export-led growth hypothesis for the Botswana economy. The co-integration test shows that there is long run co-movement between GDP and four of Botswana's mineral exports namely: matte; diamonds; copper; nickel and soda ash. In addition, the Granger causality test shows that Botswana's economy propels exports production. From these results, the study nullifies the export-led growth hypothesis and postulates that the Botswana economy rather follows the growth-driven exports hypothesis (GDE). The study further postulates recommendations and also potential areas of research.
Download or read book Export Led Growth Hypothesis Revisited written by Mohsen Bahmani-Oskooee and published by . This book was released on 2020 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Numerous studies in the literature have tried to test whether export causes economic growth or economic growth causes export growth. The statistical approach has been one of applying Granger or Sims causality test to data drawn from individual country. In order to increase the power of existing tests, in this paper we pool data from 61 developing countries over 1960-1999 period and employ panel unit root tests and panel cointegration technique to establish the long rrun relationship between exports and output. Cointegration receives support in a model in which export is the dependent variable.
Download or read book A Further Examination of the Export led Growth Hypothesis written by Christian Dreger and published by . This book was released on 2012 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Is the Export led Growth Hypothesis Valid for Industrialized Countries written by Dalia Marin and published by . This book was released on 1989 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Export Led Growth Hypothesis written by N'Guessan Zambé Serge Constant and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper re-examine the export-led growth hypothesis for Cote d'Ivoire using the Bounds test analysis: unrestricted error correction model (UECM) for the period 1980-2007. Based on the model, exports, labor force and economic liberalization policies have stimulated economic growth, whereas, imports and exchange rate negatively impacted on economic growth. The results indicate that there exists a long -term relationship between economic growth and its determinants in our model. In addition, the VAR Granger/Block-exogeneity Wald tests reveal an evidence of bi-directional causality between exports and economic growth. Thus findings have important messages for policy makers given that export sector dominance in Cote d'Ivoire economy.
Download or read book Export led Hypothesis written by Boriss Siliverstovs and published by . This book was released on 2006 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exogeneity and the Export led Growth Hypothesis written by Andy C. C. Kwan and published by . This book was released on 1994 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Export Led Growth Hypothesis written by Marjan Petreski and published by . This book was released on 2007 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this study is to empirically test the export-led growth hypothesis in the Republic of Macedonia, as small and open economy. In other words, the question trailed is whether by export promotion the country could impinge on its overall economic development. For that purpose, quarterly data for the period 1998-2006 are plugged into the production function, in which the exports variable plays dominant role, utilized in cointegration testing and vector error correction model. The core findings are supportive to the ELG in Macedonia in the short- and long-run simultaneously. Also, gross capital formation is significant in explaining growth in Macedonia.
Download or read book Export Led Growth Hypothesis in India written by Md. Zulquar Nain and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper seeks to re-examine the export-led growth hypothesis in India using the quarterly data for the period 1996 to 2009. It uses Granger causality test (Toda and Yamamoto, 1995) and forecast error variance decomposition (within VAR framework) to investigate the interrelationship among exports, imports, real effective exchange rate, and economic growth in the short run as well as long run. The results of the study do not support the export-led growth hypothesis, rather it supports the growth-led export hypothesis.
Download or read book Tools and Techniques for Economic Decision Analysis written by Stankovi?, Jelena and published by IGI Global. This book was released on 2016-10-31 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The success of any business relies heavily on the evaluation and improvement on current strategies and processes. Such progress can be facilitated by implementing more effective decision-making systems. Tools and Techniques for Economic Decision Analysis provides a thorough overview of decision models and methodologies in the context of business economics. Highlighting a variety of relevant issues on finance, economic policy, and firms and networks, this book is an ideal reference source for managers, professionals, students, and academics interested in emerging developments for decision analysis.
Download or read book Does the Export Led Growth Hypothesis Hold for Services Exports in Emerging Economies written by Lilian Okpeku and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The export-led growth hypothesis states a positive relationship between the growth of exports and long-run economic growth. This study examines the validity of the export-led growth hypothesis of services exports in 5 emerging economies, including Brazil, India, Nigeria, China, and South Africa (BINCS), for the period of 1980-2019. The study employs the panel mean group autoregressive distributed lag (ARDL) procedure to identify a causal relationship between services exports and gross domestic product (GDP) per capita. The findings show that the export-led growth hypothesis in services only has a positive effect on economic growth in the short run while other variables, including foreign direct investment (FDI), gross capital formation, and labour, increase economic growth in the long run. Hence, the emerging countries should focus more on internal investment to boost growth in the long and short run.
Download or read book Is the Export led Growth Hypothesis Valid for Industralized Countries written by Dalia Marin and published by . This book was released on 1989 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Export Led Growth Hypothesis Evidences from Asean Fives written by Yoke Ken Chong and published by . This book was released on 2002 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Export Led Growth written by Judith A. Giles and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic development and growth literature contains extensive discussions on relationships between exports and economic growth. One debate centers on whether countries should promote the export sector to obtain economic growth. An abundant empirical literature on this export-led growth (ELG) hypothesis has followed. We contribute to this literature in two ways. First, we provide a comprehensive survey of more than one hundred and fifty export-growth applied papers. We describe the changes that have occurred, over the last two decades, in the methodologies used to empirically examine for relationships between exports and economic growth, and we provide information on the current findings. The last decade has seen an abundance of time series studies which focus on examining for causality via exclusions restrictions tests, impulse response function analysis and forecast error variance decompositions. Our second contribution is to examine some of these time series methods. We show that ELG results based on standard causality techniques are not typically robust to specification or method. We do this by reconsidering two export-led growth applications--Oxley's 1993 study for Portugal and Henriques and Sadorsky's 1996 analysis for Canada. Our results suggest that extreme care should be exercised when interpreting much of the applied research on the ELG hypothesis.
Download or read book An Analysis of So Called Export led Growth written by Jie Yang and published by International Monetary Fund. This book was released on 2008-09 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The stylized fact that strong economic growth is usually accompanied with strong export growth leads many people to conclude that the export sector is the main driving force behind those episodes. The model in this paper, however, shows that the non-tradable sector may also generate high economic growth together with high export growth. Evidence shows that out of 71 "so-called" export-led growth episodes, only 37 of them are consistent with the "exports driving growth" hypothesis. Most of the remaining episodes (24 cases) experienced significant real exchange rate depreciation and are more likely to be characterized by "growth driving exports".
