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Some Evidence on the Export-Led Growth Hypothesis for Ireland


  • Stilianos Fountas

    (Department of Economics, National University of Ireland, Galway)


The objective of this paper is to test for the export-led growth hypothesis in Ireland over the last 40 years using the modern econometric analysis of non-stationary time series. We find that over the 1950--1990 period there is no long-run relationship between real GDP and export volume and no evidence for the export-led growth hypothesis either. The analysis of the more recent 1981--1994 period provides strong evidence in favour of a long-run relationship between industrial production and export volume and Granger-causality from exports to output. These results support the export-led growth hypothesis over the last fifteen years and highlight the importance of export-promoting policies.

Suggested Citation

  • Stilianos Fountas, 1995. "Some Evidence on the Export-Led Growth Hypothesis for Ireland," Working Papers 08, National University of Ireland Galway, Department of Economics, revised 1995.
  • Handle: RePEc:nig:wpaper:0008

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    References listed on IDEAS

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    Cited by:

    1. Akmal, Muhammad Shahbaz & Ahmad, Khalil & Ali, Muhammad, 2009. "Exports-Led Growth Hypothesis in Pakistan: Further Evidence," MPRA Paper 16043, University Library of Munich, Germany.
    2. Muhammad Shahbaz & Pervaz Azim & Khalil Ahmad, 2011. "Exports-Led Growth Hypothesis in Pakistan: Further Evidence," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 1(3), pages 182-197, September.
    3. Ferda Halicioglu, 2007. "A Multivariate Causality Analysis of Export and Growth for Turkey," EERI Research Paper Series EERI_RP_2007_05, Economics and Econometrics Research Institute (EERI), Brussels.

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    JEL classification:

    • F1 - International Economics - - Trade


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