Impacts of Exports on Economic Performance: a Comparative Study

Relationship Between Inflation and Real Economic Growth in Rwanda

“…However, empirical analyses to confirm this proposition have shown mixed results. While positive for some countries (Krueger 1978;Lussier 1993), they were negative for others with more than half the empirical investigations published in the 1990s finding no long-run relationship between exports and economic growth, suggesting that correlations between these variables arise as a result of short-term fluctuations.…”

Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia

“…Within a neoclassical framework, exports and growth performance have been examined both through Spearman rank correlations (Kravis 1970;Michaely 1977;Bhagwati 1978), and through the use of ordinary least squares (Balassa 1978(Balassa , 1985Tyler 1981;Kavoussi 1984;Ram 1987;Heitger 1987;Fosu 1990;Lussier 1993). In both sets of studies, exports have emerged as an important factor in determining economic growth.…”

Editorial

“…For example, Fosu (1990) estimates a positive impact of export growth on GDP growth for African countries; though slightly lower, this estimate is not statistically different from that for nonAfrican developing countries. Critically reviewing the evidence, Lussier (1993) subsequently comes to a similar conclusion about the positive impact of exports on the growth of African economies. Savvides (1995) similarly estimates for African countries a positive effect of trade, which includes both exports and imports.…”