Export Growth, Economic Growth, and Development Levels: An Empirical Analysis

摘要: The export-promotion development strategy has been advocated as a generally valid prescription for economic growth on the basis of econometric studies exports-growth relationships. A prominent shortcoming these is in presupposition, intrinsic to them, that relationships hold similarly all developing countries. This paper tests hypothesis vary with countries' level development. My results indicate high export most beneficial countries at intermediate stages their cycle, and consequently suggest especially appropriate only