Exports, export composition and growth
The relationship between trade and growth has been central to development economics with particular emphasis on the export-growth dynamic. The current paper is in the tradition of this literature but develops two new strands. First, it examines the exports-growth link in a dynamic fashion, providing a more rigorous approach than has been attempted previously. Second it explores the role of export composition in determining growth performance. By constructing a panel of 69 countries and using the dynamic model, the results generated suggest that there is a strong positive relationship between exports and growth. Further, it is apparent that the composition of those exports is important in determining the strength of growth.
Volume (Year): 8 (1999)
Issue (Month): 1 ()
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