Conventional models examining the relationship between devaluation and exports are based on exchange rate pass through. These suggest that after devaluation exports become cheaper, relative to other exports, and the growing export market is posited to stimulate the economy. If devaluation has a...

For years economists have ignored the diversity in agriculture and its potential to increase long run growth rates by enhancing a country's knowledge base. Non-traditional agriculture requires significant investments in the infrastructure and knowledge; and therefore, has the potential to...

This study examines real export data from two common sources: IMF and UN Commodity Trade Statistics to determine the comparability of these data in level and percentage change form, and if the export-led growth models are robust to the data source. Additionally, the comparability of the data...

We examine the export-led growth (ELG) hypothesis from a different perspective asking if the choice of data and/or methodology drives the results. We apply the Granger causality test modified by the corresponding error correction model using real export data from two common sources: the...

We construct measures of export similarity among seventeen Latin American countries over the period 1962-1991. Based on cluster analyses, we analyze patterns of similarity or complementarity in the commodity composition of various countries1 export portfolios. While exports of primary products...