Globalization and increased competition have forced countries to pursue more competitive policies. Today's commodities are not homogeneous and also they cannot be produced in a single country or region. It is essential for countries to focus on products which have high added value or to optimize...

The correlation between growth in export and economic growth, which is called “Export-led Growth Hypothesis” in the literature, is still a current issue in both the theoretical and empirical literature. In the present study, the effect of different classifications of export and import on...