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test long-run and short-run relations between GDP, exports, and terms of trade. The study finds that real GDP, real exports …, and terms of trade are cointegrated. The evidence suggests long-run bidirectional causality between real exports and real … GDP. The results of this study suggest that promoting exports via export promotion policies will contribute to economic …
Persistent link: https://www.econbiz.de/10011213133
The study considers the exports-led growth hypothesis using quarterly data over the period 1990-2008 in case of … (ECM) for short run dynamics have been applied. Our results indicate that exports are positively correlated with economic … growth confirming the validity of exports-led growth hypothesis. Exchange rate depreciation decreases and real capital stock …
Persistent link: https://www.econbiz.de/10009325685
among GDP, exports, and Foreign Direct Investment (FDI) inflows for 57 developing countries from 1981 to 2006. The findings … reveal that in the long-run equilibrium, exports and FDI inflows Granger cause GDP, and also exports and GDP do it for FDI … inflows. The results also provide evidence of short-run causality running from exports and FDI inflows to GDP. On the other …
Persistent link: https://www.econbiz.de/10008854172
We look at Korea's industrialization strategy and experience from the 1960s to the mid-1990s. Three elements of the Korean industrial development and structural change are discussed: 1) its outward orientation and export push, 2) its climb up the ladder of comparative advantage, and 3) its...
Persistent link: https://www.econbiz.de/10011112182
The Export-led growth hypotheses postulates that there is a positive causal relationship running from exports to … previous research specifically on Jordan case. Namely, that the exports are a significant stimulus of the economic growth in … Jordan, where exports affect output growth positively in both the short-run and in the long-run. These results suggest that …
Persistent link: https://www.econbiz.de/10011268819
This paper examines the causal relationship between exports and growth in nine provinces of South Africa for the period …. Our empirical results support unidirectional causality running from economic growth to exports for Mpumalanga only; a bi …-directional causality between exports and economic growth for Gauteng; and no causality in any direction between economic growth and exports …
Persistent link: https://www.econbiz.de/10010678237
The impact of oil prices on exports earnings and economic growth is investigated in the case of Pakistan and India by … the exports earning, and human capital, physical capital and economic growth are enhanced the exports earning, and in the … to exports earnings whereas economic growth negatively related to exports earnings. The results of economic growth model …
Persistent link: https://www.econbiz.de/10009189901
This paper explores the relationship between exports, financial development and economic growth in case of Pakistan. In … applying innovative accounting approach (IAA). The analysis confirms cointegration for the long run relation between exports … development spur exports growth in Pakistan. The causality analysis reveals feedback hypothesis that exists between financial …
Persistent link: https://www.econbiz.de/10011107543
The Export-led growth hypotheses postulates that there is a positive causal relationship running from exports to … previous research specifically on Jordan case. Namely, that the exports are a significant stimulus of the economic growth in … Jordan, where exports affect output growth positively in both the short-run and in the long-run. These results suggest that …
Persistent link: https://www.econbiz.de/10011167163
To investigate the causes of Korea’s growth slowdown over the past thirty years, we estimate the contributions of major developmental factors, including i) demographic factors (changes in population growth and workforce age due to the demographic transition), ii) quality-of-life-related choice...
Persistent link: https://www.econbiz.de/10014463353