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Impacts of Exports on Economic Performance: A Comparative Study

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  • Lussier, Martine

Abstract

The main task of this paper is to conduct a comparative investigation of two very similar empirical studies, namely, Fosu (1990a) and Helleiner (1986), and to isolate factors (model specification, sample, period of estimation) that have led the authors to reach different conclusions concerning the role of the export sector in the process of growth. The paper then extends the Fosu and Helleiner tests to a later period. In order to explain the different conclusions, an extensive "sensitivity analysis" is conducted and we are led to conclude that different model specifications can best explain the difference in the authors' empirical results. The results indicate that measuring the export variable in models testing the export-led growth hypothesis is a crucial task, and that extended modelling must be part of the future research agenda. Copyright 1993 by Oxford University Press.

Suggested Citation

  • Lussier, Martine, 1993. "Impacts of Exports on Economic Performance: A Comparative Study," Journal of African Economies, Centre for the Study of African Economies, vol. 2(1), pages 106-127, May.
    • Handle: RePEc:oup:jafrec:v:2:y:1993:i:1:p:106-27
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    Citations

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    Cited by:

    1. Winter-Nelson, Alex, 1996. "Discount rates, natural resources, and the measurement of aggregate economic growth in Africa," Ecological Economics, Elsevier, vol. 17(1), pages 21-32, April.
    2. Pushpa Trivedi & Narayan Chandra Pradhan, 2010. "Exports and Growth Nexus in India: An Econometric Analysis," Millennial Asia, , vol. 1(1), pages 97-121, January.
    3. Winter-Nelson, Alex, 1995. "Natural resources, national income, and economic growth in Africa," World Development, Elsevier, vol. 23(9), pages 1507-1519, September.
    4. Stephanie Seguino, 2000. "Accounting for Gender in Asian Economic Growth," Feminist Economics, Taylor & Francis Journals, vol. 6(3), pages 27-58.
    5. Neil Foster, 2006. "Exports, growth and threshold effects in Africa," Journal of Development Studies, Taylor & Francis Journals, vol. 42(6), pages 1056-1074.
    6. Augustin Kwasi Fosu, 2000. "The International Dimension of African Economic Growth," CID Working Papers 34, Center for International Development at Harvard University.
    7. Asmawi Hashim & Norimah Rambeli & Norasibah Abdul Jalil & Normala Zulkifli & Emilda Hashim & Noor Al-Huda Abdul Karim, 2019. "Does Export Led Growth Hypothesis Hold Under World Crisis Recovery Regime in Malaysia?," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(5), pages 9-19, December.
    8. Bashir, Malik Fahim & Xu, Changsheng & Zaman, Khalid & Akhmat, Ghulam & Ikram, Muhammad, 2013. "Impact of foreign political instability on Chinese exports," Economic Modelling, Elsevier, vol. 33(C), pages 802-807.
    9. Guillaumont, Patrick & Jeanneney, Sylviane Guillaumont & Brun, Jean-Francois, 1999. "How Instability Lowers African Growth," Journal of African Economies, Centre for the Study of African Economies, vol. 8(1), pages 87-107, March.
    10. Abdullahi Ahmed & Enjiang Cheng & George Messinis, 2011. "The role of exports, FDI and imports in development: evidence from Sub-Saharan African countries," Applied Economics, Taylor & Francis Journals, vol. 43(26), pages 3719-3731.
    11. Nasim Shah Shirazi & Turkhan Ali Abdul Manap, 2005. "Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia," The Developing Economies, Institute of Developing Economies, vol. 43(4), pages 472-488, December.
    12. Adeel Saleem & Maqbool H. Sial & Ahmed Raza Cheema, 2023. "Does an asymmetric nexus exist between exports and economic growth in Pakistan? Recent evidence from a nonlinear ARDL approach," Economic Change and Restructuring, Springer, vol. 56(1), pages 297-326, February.

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