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Exports and Economic Growth in Namibia, 1968-1992

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  • Voxi Heinrich Amavilah

    (Glendale College)

Abstract

This short paper analyzes Namibia's data from 1968 to 1992 in order to determine the role of exports in economic growth. The analysis confirms the general importance of exports, but finds no discernible sign of accelerated growth because of it. There is some evidence supporting the political economist's hypothesis about declining terms of trade due to external demand-side factors. Even so, Namibia seems to represent a vent-for-surplus example in which resource rents do neither sustain early, nor stimulate new, economic growth. An important finding is that domestic export supply factors are more essential to growth than external demand factors.

Suggested Citation

  • Voxi Heinrich Amavilah, 2003. "Exports and Economic Growth in Namibia, 1968-1992," Development and Comp Systems 0307004, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpdc:0307004
    Note: Type of Document - WordPerfect; prepared on IBM PC - PC; to print on HP/PostScript; pages: 18 ; figures: included. I never published this piece and now would like to reduce mailing and xerox cost by posting it.
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    References listed on IDEAS

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    1. Rolf Weder, 1996. "How Domestic Demand Shapes the Pattern of International Trade," The World Economy, Wiley Blackwell, vol. 19(3), pages 273-286, May.
    2. Feder, Gershon, 1983. "On exports and economic growth," Journal of Development Economics, Elsevier, vol. 12(1-2), pages 59-73.
    3. Sapsford, David, 1990. "Primary Commodity Prices and the Terms of Trade," The Economic Record, The Economic Society of Australia, vol. 66(195), pages 342-356, December.
    4. Augustin Kwasi Fosu, 1996. "Primary Exports and Economic Growth in Developing Countries," The World Economy, Wiley Blackwell, vol. 19(4), pages 465-475, July.
    5. Dominick Salvatore, 1983. "A Simultaneous Equations Model of Trade and Development with Dynamic Policy Simulations," Kyklos, Wiley Blackwell, vol. 36(1), pages 66-90, August.
    6. A. P. Thirlwall, 1989. "Growth and Development," Palgrave Macmillan Books, Palgrave Macmillan, edition 0, number 978-1-349-19837-5.
    7. David Sapsford, 1990. "Primary Commodity Prices and the Terms of Trade," The Economic Record, The Economic Society of Australia, vol. 66(4), pages 342-356, December.
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    Cited by:

    1. P. K. Mishra, 2011. "The Dynamics of Relationship between exports and economic growth in India," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 4(2), pages 53-70, August.
    2. Shahbaz, Muhammad & Mohammad, Mafizur Rahman, 2014. "The Dynamics of Exports, Financial Development and Economic Growth in Pakistan: New Extensions from Cointegration and Causality Analysis," MPRA Paper 53225, University Library of Munich, Germany, revised 19 Jan 2014.
    3. Alimi, Santos R. & Muse, Bernard O., 2012. "Export - led growth or growth – driven exports? Evidence from Nigeria," MPRA Paper 53468, University Library of Munich, Germany.
    4. Abugamea, Gaber, 2016. "اثر التجارة الخارجية على النمو الاقتصادي و التنمية في فلسطين: 1995 -2012 [The Impact of External trade on Economic Growth and development in Palestine: 1995-2012]," MPRA Paper 89745, University Library of Munich, Germany.
    5. Teboho Jeremiah Mosikari & Joel Hinaunye Eita, 2020. "Modelling Asymmetric Relationship between Exports and Growth in a Developing Economy: Evidence from Namibia," Economic Development and Well-being Research Group Working Paper Series edwrg-02-2020, University of Johannesburg, College of Business and Economics, revised 2020.

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    More about this item

    Keywords

    exports and economic growth trade developing countries Africa Namibia;

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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