Title : Export Led Growth Hypothesis Revisited: A Panel Cointegration Approach


Authors : Mohsen Bahmani-Oskooee, Clarie Economidou, Gour Goswami


Journal Title: Scientific Journal of Administrative Development Volume Number: 3 Publication Year : 2005 Issue Number: 1
Index: indexed Ranking: No Ranking
Pages : 40-55
Funding Information:
Funding Source : None
Other Information:
Direct Sustainable Development Goals :
SDG9 Industry, Innovation & Infrastructure
Indirect Sustainable Development Goals :
SDG9 Industry, Innovation & Infrastructure
Sustainable Development Sub Goals :
Develop quality, sustainable infrastructure
Promote inclusive and sustainable industrialization
Support infrastructure in developing countries
Impact statement: Numerous studies in the literature have sought to test whether export growth causes economic growth or vice versa. The statistical approach has been to apply the Granger or Sims causality test to data from an individual country. To increase the power of existing tests, this paper pools data from 61 developing countries over the 1960-1999 period and employs panel unit root tests and a panel cointegration technique to establish the long-run relationship between exports and output. Cointegration is supported by a model in which export is the dependent variable. Collaboration: Partner University Keywords: Export growth; Granger Causality; Cointegration