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Exports, export composition and growth

Author

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  • David Greenaway
  • Wyn Morgan
  • Peter Wright

Abstract

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.

Suggested Citation

  • David Greenaway & Wyn Morgan & Peter Wright, 1999. "Exports, export composition and growth," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 8(1), pages 41-51.
  • Handle: RePEc:taf:jitecd:v:8:y:1999:i:1:p:41-51 DOI: 10.1080/09638199900000004
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    References listed on IDEAS

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    1. O. Galor & H. M. Polemarchakis, 1987. "Intertemporal Equilibrium and the Transfer Paradox," Review of Economic Studies, Oxford University Press, pages 147-156.
    2. Chichilnisky, Graciela, 1980. "Basic goods, the effects of commodity transfers and the international economic order," Journal of Development Economics, Elsevier, pages 505-519.
    3. Haaparanta, Pertti, 1989. "The intertemporal effects of international transfers," Journal of International Economics, Elsevier, pages 371-382.
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    Keywords

    Exports; growth; panel econometrics;

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