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Export-led growth hypothesis: a meta-analysis

Author

Listed:
  • B. Seetanah

    (University of Mauritius, Mauritius Author—Name: R. V. Sannassee
    University of Mauritius, Mauritius)

  • J. Jugessur

    (University of Mauritius, Mauritius)

Abstract

There is a generally held belief that an expansion of the exports sector in a country would usually lead to an improved economic growth. However, a survey of the literature indicates that a great variety of techniques, data sets and country groups have been employed in empirical assessments of the export-led growth hypothesis, with an equally broad variety of results. In this regard, the essence of the present study is to determine what factors impact on the export-growth relationship using a study of 82 studies which yields 447 observations. Results from the counting analysis and the meta-regression analysis show that economies with a low development level benefit less from exports as a driver of economic growth.

Suggested Citation

  • B. Seetanah & J. Jugessur, 2014. "Export-led growth hypothesis: a meta-analysis," Journal of Developing Areas, Tennessee State University, College of Business, vol. 48(1), pages 361-385, January-M.
    • Handle: RePEc:jda:journl:vol.48:year:2014:issue1:pp:361-385
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    File URL: http://muse.jhu.edu/journal_of_developing_areas/v048/48.1.sannassee.html
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    Citations

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    Cited by:

    1. David Adeabah & Simplice Asongu, 2024. "Agricultural Export, Growth and the Poor in Africa: A Meta Analysis," Journal of Interdisciplinary Economics, , vol. 36(2), pages 204-223, July.
    2. Andrés Fernando Chamorro-García & Edwin Arbey Hernández-García, 2019. "Remesas y crecimiento económico regional en Colombia 2009 - 2016: una aplicación de datos panel," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, vol. 38(68), pages 185-246, July.
    3. Oladapo FAPETU & Segun Daniel OWOEYE, 2017. "Testing the validity of the export-led growth hypothesis in Nigeria: Evidence from non-oil and oil exports," Computational Methods in Social Sciences (CMSS), "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences, vol. 5(2), pages 41-48, December.
    4. Hopper, Trevor & Lassou, Philippe & Soobaroyen, Teerooven, 2017. "Globalisation, accounting and developing countries," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 43(C), pages 125-148.
    5. Werner Kristjanpoller & Josephine E. Olson & Rodolfo I. Salazar, 2016. "Does the commodities boom support the export led growth hypothesis? Evidence from Latin American countries," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 25(1), pages 1-13, December.
    6. Md Ali Emam & Markus Leibrecht & Tinggui Chen, 2021. "Fish Exports and the Growth of the Agricultural Sector: The Case of South and Southeast Asian Countries," Sustainability, MDPI, vol. 13(20), pages 1-14, October.
    7. Warren Moraghen & Boopen Seetanah & Noor Sookia, 2019. "Explaining Heterogeneity in the Effect of the Exchange Rate and Exchange Rate Volatility on Foreign Direct Investment: A Meta‐Analysis Approach," African Development Review, African Development Bank, vol. 31(3), pages 275-291, September.

    More about this item

    Keywords

    Export-expansion hypothesis; economic growth; meta-analysis; counting methodology; effect size;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F10 - International Economics - - Trade - - - General
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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