Exports, investment, efficiency and economic growth in LDC: an empirical investigation
AbstractThis study seeks to analyse the relationship between exports and growth for 19 less-developed countries. It utilizes multivariate causality analysis based on the error correction model to address several important hypotheses. The results indicate that when exports have a causal influence in the development process that in general this is the result of their effect on both efficiency and accumulation. In addition, improvements in output and capital accumulation in an economy seem to have just as much of an influence on exports as exports have on output and capital accumulation. Finally, the growth process in East Asia seems to be quite different from that in Southeast Asia.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 33 (2001)
Issue (Month): 6 ()
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- Nikolaos Dritsakis, 2004. "Exports, investments and economic development of pre-accession countries of the European Union: an empirical investigation of Bulgaria and Romania," Applied Economics, Taylor & Francis Journals, vol. 36(16), pages 1831-1838.
- Brida, Juan Gabriel & Pereyra, Juan Sebastián & Such, María Jesús & Pulina, Manuela, 2011.
"Causalidad entre turismo y crecimiento económico de largo plazo: una revisión crítica de la literatura econométrica
[Causality between tourism and long-term economic growth: a critical review o," MPRA Paper 37332, University Library of Munich, Germany, revised 2011.
- M.A.Hossain, 2001. "On Export-Led Growth: Is Manufacturing Exports a New Engine of Growth for Bangladesh?," Discussion Papers Series 297, School of Economics, University of Queensland, Australia.
- Lee, Chin, 2013. "The Role of Macroeconomic Fundamentals in Malaysian Post Recession Growth," MPRA Paper 44808, University Library of Munich, Germany.
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