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Objective: The objective of the article is to examine the export-led growth hypothesis in the Southern African Customs … cointegration test based on the Johansen (1988) and the Johansen and Juselius (1990) approach, followed by the vector error … export-led growth hypothesis is valid in Namibia and South Africa, but not in eSwatini, Botswana, and Lesotho. Implications …
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sectors. Findings in the case of the pooled panel indicate the validity of the export-led growth hypothesis. Disaggregated … evidences, on the other hand, reveal the validity of export-led growth hypothesis in the case of (i) agriculture and forestry … provide a strong support in favor of an export-led growth hypothesis for four sectors in addition to the feedback hypothesis …
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