Is the Export-led Growth Hypothesis Valid for Developing Countries?

Is the Export-led Growth Hypothesis Valid for Developing Countries?
Author: Emilio J. Medina-Smith
Publisher: United Nations Conference on Trade and Development
Total Pages: 64
Release: 2001
Genre: Business & Economics
ISBN:

The export-led growth hypothesis (ELGH) postulates that export growth is one of the determinants of economic growth. This study tests the hypothesis by examining the economy of Costa Rica, using data going back to 1950. It found that although exports had a positive effect on growth, their impact was relatively. It thus challenges some of the empirical literature on ELGH and expresses doubts about using exports as a comprehensive development strategy.

An Analysis of So-Called Export-led Growth

An Analysis of So-Called Export-led Growth
Author: Jie Yang
Publisher: International Monetary Fund
Total Pages: 48
Release: 2008-09
Genre: Business & Economics
ISBN:

The stylized fact that strong economic growth is usually accompanied with strong export growth leads many people to conclude that the export sector is the main driving force behind those episodes. The model in this paper, however, shows that the non-tradable sector may also generate high economic growth together with high export growth. Evidence shows that out of 71 "so-called" export-led growth episodes, only 37 of them are consistent with the "exports driving growth" hypothesis. Most of the remaining episodes (24 cases) experienced significant real exchange rate depreciation and are more likely to be characterized by "growth driving exports".

Wage-Led Growth

Wage-Led Growth
Author: Engelbert Stockhammer
Publisher: Springer
Total Pages: 329
Release: 2013-12-03
Genre: Business & Economics
ISBN: 1137357932

This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.

New Directions in Econometric Practice

New Directions in Econometric Practice
Author: Wojciech Charemza
Publisher: Edward Elgar Publishing
Total Pages: 364
Release: 1997
Genre: Business & Economics
ISBN:

This work on econometrics offers an analysis of econometric practice, encompassing recent modelling methodology and PC-GIVE. It is intended for advanced undergraduates and graduate students.

A Guide to Econometric Methods for the Energy-Growth Nexus

A Guide to Econometric Methods for the Energy-Growth Nexus
Author: Angeliki Menegaki
Publisher: Academic Press
Total Pages: 338
Release: 2020-11-10
Genre: Business & Economics
ISBN: 012819040X

A Guide to Econometric Methods for the Energy-Growth Nexus presents, explains and compares all the available econometrics methods pertinent to the energy-growth nexus. Chapters cover methods and applications, starting with older econometric methods and moving toward new ones. Each chapter presents the method and facts about its applications, providing step-by-step explanations about the ways the method meets the demands of the field. In addition, applied case studies and practical research steps are included to enhance the learning process. By touching on all relevant econometric methods for the energy-growth nexus, this book gives energy-growth researchers and students all they need to tackle the subject matter. - Presents econometric methods for short- and long-term forecasting - Provides methods and step-by-step explanations on the ways the method meets the demands of the field - Contains applied case studies and practical research steps

Handbook of Development Economics

Handbook of Development Economics
Author: Dani Rodrick
Publisher: Elsevier
Total Pages: 1066
Release: 2009-11-09
Genre: Business & Economics
ISBN: 0080931723

What guidance does academic research really provide to economic policy development? The critical and analytical surveys in this volume investigate links between policies and outcomes by surveying work from broad macroeconomic policies to interventions in microfinance. Asserting that there are no universal correspondences between policies and outcomes, contributors demonstrate instead that only an intense familiarity with the development context and the universe of applicable economic models can generate successful policies. Getting cause-and-effect right is essential for policy design and implementation. With the goal of drawing researchers and policy makers closer, this volume highlights our increasing understanding of ways to combine economic theorizing with careful, thoughtful empirical work. - Presents an accurate, self-contained survey of the current state of the field - Summarizes the most recent discussions, and elucidates new developments - Although original material is also included, the main aim is the provision of comprehensive and accessible surveys

Introduction to Development Economics

Introduction to Development Economics
Author: Subrata Ghatak
Publisher: Psychology Press
Total Pages: 488
Release: 1995
Genre: Business & Economics
ISBN: 9780415097222

The third edition of the widely usedIntroduction to Development Economicsprovides a detailed analysis of the major economic issues confronting less developed countries. Throughout, Subrata Ghatak maintains a balance between theories of economic growth and the realities of economic development. Although the basic principles remain unchanged, the past few years have witnessed changes in emphasis and the rise of new areas of interest. Such issues include development and the environment, the international debt crisis, endogenous growth, the impact of foreign aid, fiscal reforms, migration, human capital accumulation and the problems of trade liberalization. Introduction to Development Economicsis divided into four sections and is written in a straightforward style. This is a comprehensive analysis of the area, with many tables added to provide up-to-date statistical data and technical data in the appendices.

Applied Econometric Times Series

Applied Econometric Times Series
Author: Walter Enders
Publisher:
Total Pages: 456
Release: 1995
Genre: Business & Economics
ISBN:

This advanced text for a course on time series econometrics introduces modern time series analyses through the use of wide-ranging examples and applications. Providing a balance between macro- and microeconomic applications, the book covers recent work that has only been published in journals.

Economics and History

Economics and History
Author: David Greasley
Publisher: John Wiley & Sons
Total Pages: 293
Release: 2011-10-13
Genre: Business & Economics
ISBN: 1444346709

Economics and History presents six state-of-the-art surveys from some of the leading scholars in cliometrics. The contributions are all written at an accessible level for the non-specialist reader and consider a broad range of issues from this highly topical area. Written clearly and comprehensively, allowing easy accessibility for the non-specialist reader Brings together the very latest research in this highly topical subject from leading scholars Contributions cover a broad range of areas within this subject The latest publication in the highly successful Surveys of Recent Research in Economics Book Series