Esfahani (1991) shows that the statistically significant correlation between export promotion and economic growth in semi-industrialized countries (SICs) has been mainly attributable to the role of exports in reducing import ‘shortages’, which have impeded output growth in these...

PurposeThis article investigates the impact of the growth of the share of various government expenditure programmes in the GDP on economic growth in developing countries while taking into consideration the major issue of potential simultaneity.FindingsBased on data from the World Bank and using...