IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

The export-led growth hypothesis revisited: theory and evidence

  • Hildegart Ahumada
  • Pablo Sanguinetti

Export growth is often singled out as a key aspect in processes of fast and sustainable increases in per capita income. In this paper we revisit this export-led growth hypothesis (ELGH). From an empirical point of view we study this phenomenon applying Granger-type tests on panel data. The results seem to confirm that, for the sample of countries and the period under study, exports did behave as the “engine of growth” as they Granger-caused investment, output growth and imports. In the theoretical part of the paper we reframe the ELGH standard model in terms of recent models of endogenous growth so as to make it more consistent with these empirical findings.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.econ.uchile.cl/uploads/publicacion/bbb808c8-996f-4683-b1da-ea32b968efca.pdf
Download Restriction: no

Article provided by University of Chile, Department of Economics in its journal Estudios de Economia.

Volume (Year): 22 (1995)
Issue (Month): 2 Year 1995 (December)
Pages: 327-355

as
in new window

Handle: RePEc:udc:esteco:v:22:y:1995:i:2:p:327-355
Contact details of provider: Web page: http://www.econ.uchile.cl/

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:udc:esteco:v:22:y:1995:i:2:p:327-355. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Verónica Kunze)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.