Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia (2005)
This paper examines the export-led growth (ELG) hypothesis for five South Asian countries through cointegration and multivariate Granger causality tests. Strong support for a long-run relationship among exports, imports, and real output for all the countries except Sri Lanka were found. Feedback eff...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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John Wiley & Sons, Inc
2005
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| Online Access: | http://irep.iium.edu.my/10968/ http://irep.iium.edu.my/10968/1/DE43_4_3.pdf |
| _version_ | 1848777274149568512 |
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| author | Shirazi, Nasim Shah Turkhan Ali , Abdul Manap |
| author_facet | Shirazi, Nasim Shah Turkhan Ali , Abdul Manap |
| author_sort | Shirazi, Nasim Shah |
| building | IIUM Repository |
| collection | Online Access |
| description | This paper examines the export-led growth (ELG) hypothesis for five South Asian countries through cointegration and multivariate Granger causality tests. Strong support for a long-run relationship among exports, imports, and real output for all the countries except Sri Lanka were found. Feedback effects between exports and GDP for Bangladesh and Nepal and unidirectional causality from exports to output in the case of Pakistan were found. No causality between these variables was found for Sri Lanka and India, although for India GDP and exports did induce imports. A feedback effect between imports and GDP was also documented for Pakistan, Bangladesh, and Nepal, as well as unidirectional causality from imports to output growth for Sri Lanka. These and other findings are discussed from the standpoint of the export-led growth hypothesis. |
| first_indexed | 2025-11-14T14:43:23Z |
| format | Article |
| id | iium-10968 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T14:43:23Z |
| publishDate | 2005 |
| publisher | John Wiley & Sons, Inc |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-109682013-07-08T00:16:14Z http://irep.iium.edu.my/10968/ Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia (2005) Shirazi, Nasim Shah Turkhan Ali , Abdul Manap H1 Periodicals. Serials HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations This paper examines the export-led growth (ELG) hypothesis for five South Asian countries through cointegration and multivariate Granger causality tests. Strong support for a long-run relationship among exports, imports, and real output for all the countries except Sri Lanka were found. Feedback effects between exports and GDP for Bangladesh and Nepal and unidirectional causality from exports to output in the case of Pakistan were found. No causality between these variables was found for Sri Lanka and India, although for India GDP and exports did induce imports. A feedback effect between imports and GDP was also documented for Pakistan, Bangladesh, and Nepal, as well as unidirectional causality from imports to output growth for Sri Lanka. These and other findings are discussed from the standpoint of the export-led growth hypothesis. John Wiley & Sons, Inc 2005-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/10968/1/DE43_4_3.pdf Shirazi, Nasim Shah and Turkhan Ali , Abdul Manap (2005) Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia (2005). The Developing Economies , the Institute of Developing Economies, 43 (4). pp. 472-488. ISSN 0012-1533 http://www.ide.go.jp |
| spellingShingle | H1 Periodicals. Serials HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations Shirazi, Nasim Shah Turkhan Ali , Abdul Manap Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia (2005) |
| title | Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia (2005) |
| title_full | Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia (2005) |
| title_fullStr | Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia (2005) |
| title_full_unstemmed | Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia (2005) |
| title_short | Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia (2005) |
| title_sort | export-led growth hypothesis: further econometric evidence from south asia (2005) |
| topic | H1 Periodicals. Serials HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations |
| url | http://irep.iium.edu.my/10968/ http://irep.iium.edu.my/10968/ http://irep.iium.edu.my/10968/1/DE43_4_3.pdf |