An Analysis Of So Called Export Led Growth
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An Analysis Of So Called Export Led Growth
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Author : Jie Yang
language : en
Publisher: International Monetary Fund
Release Date : 2008-09
An Analysis Of So Called Export Led Growth written by Jie Yang and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09 with Business & Economics categories.
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".
Imf Working Papers
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Author : Jie Yang
language : en
Publisher:
Release Date : 2008
Imf Working Papers written by Jie Yang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Electronic books categories.
Long Run Economic Growth
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Author : Steven Durlauf
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Long Run Economic Growth written by Steven Durlauf and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests.
Is The Export Led Growth Hypothesis Valid For Developing Countries
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Author : Emilio J. Medina-Smith
language : en
Publisher: United Nations Conference on Trade and Development
Release Date : 2001
Is The Export Led Growth Hypothesis Valid For Developing Countries written by Emilio J. Medina-Smith and has been published by United Nations Conference on Trade and Development this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
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.
Wage Led Growth
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Author : Engelbert Stockhammer
language : en
Publisher: Springer
Release Date : 2013-12-03
Wage Led Growth written by Engelbert Stockhammer and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-03 with Business & Economics categories.
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.
Human Development Report 1990
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Author : United Nations Development Programme
language : en
Publisher: Human Development Report
Release Date : 1990
Human Development Report 1990 written by United Nations Development Programme and has been published by Human Development Report this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Developing countries categories.
First in a series of annual reports, this volume is about people and about how development enlarges their choices--access to income, long life, knowledge, political freedom, personal security, community participation, and guaranteed human rights. It measures human development not by the yardstick of income alone, but by the human development index--reflecting life expectancy, literacy and command over resources to enjoy a decent standard of living. The report analyzes the record of human development for the last three decades and the experience of 14 countries in managing economic growth and human development. The volume concludes with human development indicators for more than 130 countries, both developing and developed. ISBN 0-19-306481-X (pbk.): $15.95.
The Oxford Handbook Of Industrial Hubs And Economic Development
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Author : Arkebe Oqubay
language : en
Publisher: Oxford University Press
Release Date : 2020-07-23
The Oxford Handbook Of Industrial Hubs And Economic Development written by Arkebe Oqubay and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-23 with Business & Economics categories.
Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization, production and technological capability, and innovation. The Oxford Handbook of Industrial Hubs and Economic Development adopts an interdisciplinary approach to examine the conceptual underpinnings, review empirical evidence of regions and economies, and extract pertinent lessons for policy reasearchers and practitioners on the key drivers of success and failure for industrial hubs. This Handbook illustrates the diverse and complex nature of industrial hubs and shows how they promote industrialization, economic structural transformation, and technological catch-up. It explores the implications of emerging issues and trends such as environmental protection and sustainability, technological advancement, shifts in the global economy, and urbanization.
Jamaica S Export Economy
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Author : Donald J. Harris
language : en
Publisher:
Release Date : 1997
Jamaica S Export Economy written by Donald J. Harris and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
A Comparative Analysis Of Export Led Growth
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Author : WheeGook Kim
language : en
Publisher:
Release Date : 1991
A Comparative Analysis Of Export Led Growth written by WheeGook Kim and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Economic stabilization categories.
Economics 4 Volumes
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Author : David A. Dieterle
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2017-03-27
Economics 4 Volumes written by David A. Dieterle and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-27 with Business & Economics categories.
A comprehensive four-volume resource that explains more than 800 topics within the foundations of economics, macroeconomics, microeconomics, and global economics, all presented in an easy-to-read format. As the global economy becomes increasingly complex, interconnected, and therefore relevant to each individual, in every country, it becomes more important to be economically literate—to gain an understanding of how things work beyond the microcosm of the economic needs of a single individual or family unit. This expansive reference set serves to establish basic economic literacy of students and researchers, providing more than 800 objective and factually driven entries on all the major themes and topics in economics. Written by leading scholars and practitioners, the set provides readers with a framework for understanding economics as mentioned and debated in the public forum and media. Each of the volumes includes coverage of important events throughout economic history, biographies of the major economists who have shaped the world of economics, and highlights of the legislative acts that have shaped the U.S. economy throughout history. The extensive explanations of major economic concepts combined with selected key historical primary source documents and a glossary will endow readers with a fuller comprehension of our economic world.