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

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

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

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Book Description
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.