Export-led growth

Economic Growth of India Economic Growth is one of the foremost goals of policymakers throughout the world. Every country has varied strategies across the time for pursuing this objective. One amongst all the strategy is the export-led growth. This strategies directly associated with East Asian countries during the recent period. Export-led growth model appears to have become a desirable for many developing countries across the globe in recent years. Following the Asian financial crisis of 1997–1998

Role of Export-led Growth in Shenzhen The unparalleled growth of economies in China over the past thirty decades have sparked a lot of interests from economists, with many arguments and explanations attempting to account for the actual dynamics that influenced such growths. Since the 1970s, the Chinese’s economy has a tendency is constantly increasing. The export-led growth gradually exceeded the import, with an annual growth of 17.2 percent in exports and 16.4 percent in import in 2010 (lse.ac.uk)

Economic growth of countries has always been a topic of research interest. Whether the country is developed, developing or least developed, economic researchers tried to find the reason behind economic growth or the lack of it. With many other factors contributing towards economic growth, international trade was also found beneficial for both trading countries according to Edwards (1993). Today, when the world is becoming a global village, the importance and benefits of international trade cannot

New Growth and Reform of China Siyu Sun 1377625 University of Alberta Author Note This paper was prepared for Econ 211, Section A, taught by Professor Xu. Abstract Export was the main growth from 1994 in China, but China has new growth engines in recent years. In addition, China has made some reforms in social, politics and economics for a better development. Some people think China did a right decision to get

competitive world, growth of a business is based on its ability to generate revenue not just from the local market but also searching for opportunities in the international market. The similar can be magnified for a country, where some economies as whole are credit to International demand till a great extent. In case of few countries, namely Japan and South Korea, that initially functioned as Protectionist, looking after the domestic market, open their markets after WWII and adapted export driven attitude

The effect of Exports on GDP Growth in Pakistan Abstract: This paper is examines the causal relationships between gross domestic product (GDP) and exports in Pakistan by using time series data for the period between 1980 and 2000. Time series evidence shows that increase in exports has a significant effect on the economic growth of Pakistan in the previous two decades. This paper uses cointegration to check the causal relationship between export growth and economic growth in Pakistan. Granger

1535 AN EMPIRICAL EXAMINATION OF THE EXPORT-LED GROWTH HYPOTHESIS IN TURKEY1 Sami TABAN*, İsmail AKTAR** ABSTRACT The export-led growth [ELG] hypothesis postulates a causal connection between export and growth. This study investigates ELG hypothesis using quarterly time series data for the period 1980:1-2007:2 in Turkey. The hypothesis is tested by applying the cointegration and error correction procedures. We find an evidence to support the hypothesis that there is a long-run and short-run

Introduction Krugman (1994) summarizes two sources of growth that help to expand the national economy. They are increasing input and increasing output per unit of input. Because of the diminishing return to capital, increasing input can only increase the output level in the long run. Therefore, increasing input, such as increasing employment opportunities, increasing the education level of workers, and increasing the stocks of physical capitals, is not sustainable in the long run. On the other hand

Literature Review Introduction Krugman (1994) summarizes two sources of growth that help to expand the national economy: increasing input and increasing output per unit of input. Because of the diminishing return to capital, increasing input can only increase the output level in the long run. Therefore, increasing input, such as increasing employment opportunities, the education level of workers, and the stocks of physical capitals, is not sustainable in the long run. On the other hand, increasing

argues that the developmental state causes economic growth through export-led industrialization. I reverse the order of two links in that theoretical chain. Specifically, I argue that the developmental state does not give rise to export-led growth. In fact, it is the inception of the export-led growth strategy that gives rise to the developmental state, which emerges as a