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A New Procedure For Testing The Export-Led Growth Hypothesis: A Research Note

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  • FUMITAKA FURUOKA

    (Asia-Europe Institute, University of Malaya, 50603 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia)

Abstract

This study proposes a novel statistical procedure to test the export-led growth hypothesis. The procedure integrates a Fisher-type causality method in the statistical analysis. In order to demonstrate the application of this procedure, this study examined the exports–growth nexus in low-income and lower middle-income countries in Africa. The findings obtained from the newly-proposed integrated statistical procedure were more conclusive compared to the results obtained from the individual causality tests; the findings also highlighted a complex nature of the exports–growth nexus in Africa.

Suggested Citation

  • Fumitaka Furuoka, 2019. "A New Procedure For Testing The Export-Led Growth Hypothesis: A Research Note," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 19(03), pages 1-7, September.
  • Handle: RePEc:wsi:gejxxx:v:19:y:2019:i:03:n:s2194565919500167
    DOI: 10.1142/S2194565919500167
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    Cited by:

    1. Tampubolon, Jongkers, 2023. "Food and agricultural sector in Indonesia’s economic growth during COVID-19 pandemic: an ARDL approach," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 9(2), June.
    2. Md. Saiful Islam, 2023. "Does an export‐led growth proposition exist for Bangladesh's ready‐made garments sector? A nonlinear ARDL approach," Regional Science Policy & Practice, Wiley Blackwell, vol. 15(5), pages 939-955, June.

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