Exports and Economic Growth: A Survey

Hultman, Charles W.

doi:10.2307/3145238

Cited by 9 publications

(5 citation statements)

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“…This strategy involves that any nation which has a comparative advantage can promotes its economic growth by exporting more goods and services. (Hultman, 1967). Foreign trade strategy that based on comparative advantage results with higher export volume and in turn this means better growth performance.…”

Section: Introductionmentioning

confidence: 99%

Revisit Exports-Growth Nexus in Turkey

Yılmaz¹

2020

berj

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The aim of this paper is to investigate exports and economic growth causality in Turkish economies. In this sense, we employed seasonally adjusted quarterly data of economic growth (real GDP) rate and exports that cover 1987Q1-2018Q4 periods. We analyze the relationship between variables by taking into account standard bootstrap Granger non-causality test and fixed-size rolling-window estimation approach. Standard Granger causality test indicates one direction causality that running from exports to real GDP. But according to test of parameters constancy, conducted VAR model points to parameters instability both in the short and long-run periods. Parameters constancy test indicate that empirical results are not uniform for different sample periods and vary due to structural changes. Consideringly, under parameters inconstancy, results of rolling window estimation method indicate that there is positive two way Granger causality (predictive power) between variables from the early 1990s to end of 2018 periods.

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Section: Introductionmentioning

confidence: 99%

Revisit Exports-Growth Nexus in Turkey

Yılmaz¹

2020

berj

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“…Since the 1960s, many economists (e.g. Hultman, 1967;Krueger, 1978) provide arguments that export promotion is an important development strategy. There are some reasons given in support of export promotion.…”

Section: Export-growth Nexusmentioning

confidence: 99%

Foreign Direct Investment, Exports, and Long-Run Economic Growth in Asia: Panel Cointegration and Causality Analysis

Sothan¹

2015

IJEF

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This paper examines the co-movement and causal impact of foreign direct investment (FDI) and exports on economic growth in 21 Asian countries over the period 1980 to 2013, using the panel cointegration and Granger causality analysis. Findings strongly confirm that there is a long-run steady-state relationship between FDI, exports, and GDP for the selected countries. Based on the panel Granger causality analysis, there is long-run bidirectional causality between FDI and GDP and between exports and GDP. This can be concluded that FDI and exports do have causal impact on long-run growth in the countries being investigated.

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“…In this context of the SMEs' substantial impact on the economy of the European Union, the present study investigates the relationship between economic growth (proxied by value added rate, venture capital investments rate, turnover from e-commerce rate) and various indicators related to import and export activities of SMEs across the 28 member states of the European Union during almost two decades (i.e., 2005-2020). The focus on import and export activities stems from the fact that, as constantly reported in the mainstream literature even from early on until nowadays, rising exports stimulate aggregate economic growth [21][22][23][24][25].…”

Section: Introductionmentioning

confidence: 99%

Determinants of Economic Growth across the European Union: A Panel Data Analysis on Small and Medium Enterprises

Bătrâncea

2022

Sustainability

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Across the European Union, small and medium enterprises (SMEs) are major contributors to the increase of the regional gross domestic product. The present study investigates the relationship between economic growth, imports and exports regarding the activity of small and medium enterprises within the European Union (EU-28). A panel generalized method of moments (GMM) analysis and a panel two-stage least squares (2SLS) analysis were carried out for the period 2005–2020. Empirical results indicated that online imports and exports together with extra-EU imports and exports had a significant impact on economic growth, proxied by value added, venture capital investments and turnover from e-commerce. In the light of these results, regional and national authorities are called to support business endeavors of small and medium enterprises due to their relevance on the market and contribution to the financing of national budgets.

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Exports and Economic Growth: A Survey

Cited by 9 publications

References 1 publication

Revisit Exports-Growth Nexus in Turkey

Revisit Exports-Growth Nexus in Turkey

Foreign Direct Investment, Exports, and Long-Run Economic Growth in Asia: Panel Cointegration and Causality Analysis

Determinants of Economic Growth across the European Union: A Panel Data Analysis on Small and Medium Enterprises

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