Is the Export-led Growth Hypothesis Valid for an Export-oriented Economy? Korean Experience

Export -led Growth in India:

The present study attempts to test the mechanisms of Export Led Growth in India by taking a timeseries data from 1980-81 to 2008-09. It applies Ordinary Least square (OLS) method to investigate the relationship between Gross National Product, Total Exports, Manufactured Exports and Investment. The results of the study supports the Export Led growth Hypothesis (ELGH) in India.

Long-Run Growth of IRAN's Economy from the Lens of Export-Led Growth Model (Application of the Time-Varing Approach)

In 1979, Tirlwall introduced a model called the Balance of Payments Equilibrium (BOPE) model, stating that demand growth could be curbed by the balance of payments deficit, thus limiting further economic growth. The important point in examining the Tirlwall law is the important role of oil exports in providing foreign exchange resources and the important role of these resources in the balance o...

Export or Domestic-led Growth in Asia?

Development Bank, and Joseph Anthony Lim is Professor in the Ateneo de Manila University, Philippines. This paper was prepared for the Asian Development Outlook 2005. The authors acknowledge very efficient research assistance from Suteera Sitong of the Fiscal Policy Office, Ministry of Finance, Thailand. Useful comments were received from Ifzal Ali and participants of the Asian Development Bank...

Does the commodities boom support the export led growth hypothesis? Evidence from Latin American countries

Commodity prices are characterized by boom and bust cycles. In this article, the impact of the commodity boom of the 2000s on Latin American and Caribbean economies is studied by analyzing four categories of commodity exports (agricultural raw materials, fuel, food, ore and minerals) as well as manufactured exports. Latin American and Caribbean economies had higher growth during the 2000s than ...

The Republic of Korea & Export Led Growth Strategy