The validity of the ELG hypothesis in the MENA region: cointegration and error correction model analysis

$53.29 plus tax (Refund Policy)

Buy Article:

Abstract:

The export-led growth (ELG) hypothesis is examined for nine Middle East and North Africa (MENA) countries in three-variable vector autoregressive and error correction models. When considering total exports, the results reject the ELG hypothesis in almost all of these countries. When only manufactured exports are examined, no support is found for ELG in countries with relatively low shares of manufactured exports in total merchandise exports but strong support in countries with relatively high shares. These findings suggest that promoting exports may contribute to economic growth only after a certain threshold of manufactured exports has been reached.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/0003684042000266865

Publication date: January 1, 2004

More about this publication?
Related content

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more