Export-Led Growth Hypothesis: Empirical Evidence from Selected Sub-Saharan African Countries

The objective of this study is to examine the validity of Export-Led Growth (ELG) hypothesis in selected Sub-Saharan African (SSA) countries for the period from 1985 to 2014. A new generation panel data approach is applied such as panel unit root, panel cointegration, Fully Modified OLS (FMOLS) and...

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第一著者: Chia Yee Ee
フォーマット: Conference or Workshop Item
言語:English
English
出版事項: 2016
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オンライン・アクセス:https://eprints.ums.edu.my/id/eprint/31806/1/Export-Led%20Growth%20Hypothesis.pdf
https://eprints.ums.edu.my/id/eprint/31806/2/Export-Led%20Growth%20Hypothesis1.pdf
https://eprints.ums.edu.my/id/eprint/31806/
https://www.sciencedirect.com/science/article/pii/S2212567116000290
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spelling my.ums.eprints.318062022-03-02T06:04:19Z https://eprints.ums.edu.my/id/eprint/31806/ Export-Led Growth Hypothesis: Empirical Evidence from Selected Sub-Saharan African Countries Chia Yee Ee HF3000-4055 By region or country The objective of this study is to examine the validity of Export-Led Growth (ELG) hypothesis in selected Sub-Saharan African (SSA) countries for the period from 1985 to 2014. A new generation panel data approach is applied such as panel unit root, panel cointegration, Fully Modified OLS (FMOLS) and Dynamic Ordinary Least Square (DOLS). The empirical findings revealed that the panel unit root is stationary after the first difference and presents a cointegration. After the confirmation of panel cointegration, there exists a long-run relationship between exports and growth based on FMOLS and DOLS results. FMOLS and DOLS estimation showed a positive impact of investment, government expenditure and exports on the economic growth. Hence, the findings proved that export-oriented growth strategy is valid in the SSA countries. 2016 Conference or Workshop Item PeerReviewed text en https://eprints.ums.edu.my/id/eprint/31806/1/Export-Led%20Growth%20Hypothesis.pdf text en https://eprints.ums.edu.my/id/eprint/31806/2/Export-Led%20Growth%20Hypothesis1.pdf Chia Yee Ee (2016) Export-Led Growth Hypothesis: Empirical Evidence from Selected Sub-Saharan African Countries. In: 7th International Economics & Business Management Conference (IEBMC 2015), 5 - 6 October 2015, Swiss-Garden Beach Resort, Kuantan, Pahang, Malaysia. https://www.sciencedirect.com/science/article/pii/S2212567116000290
institution Universiti Malaysia Sabah
building UMS Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sabah
content_source UMS Institutional Repository
url_provider http://eprints.ums.edu.my/
language English
English
topic HF3000-4055 By region or country
spellingShingle HF3000-4055 By region or country
Chia Yee Ee
Export-Led Growth Hypothesis: Empirical Evidence from Selected Sub-Saharan African Countries
description The objective of this study is to examine the validity of Export-Led Growth (ELG) hypothesis in selected Sub-Saharan African (SSA) countries for the period from 1985 to 2014. A new generation panel data approach is applied such as panel unit root, panel cointegration, Fully Modified OLS (FMOLS) and Dynamic Ordinary Least Square (DOLS). The empirical findings revealed that the panel unit root is stationary after the first difference and presents a cointegration. After the confirmation of panel cointegration, there exists a long-run relationship between exports and growth based on FMOLS and DOLS results. FMOLS and DOLS estimation showed a positive impact of investment, government expenditure and exports on the economic growth. Hence, the findings proved that export-oriented growth strategy is valid in the SSA countries.
format Conference or Workshop Item
author Chia Yee Ee
author_facet Chia Yee Ee
author_sort Chia Yee Ee
title Export-Led Growth Hypothesis: Empirical Evidence from Selected Sub-Saharan African Countries
title_short Export-Led Growth Hypothesis: Empirical Evidence from Selected Sub-Saharan African Countries
title_full Export-Led Growth Hypothesis: Empirical Evidence from Selected Sub-Saharan African Countries
title_fullStr Export-Led Growth Hypothesis: Empirical Evidence from Selected Sub-Saharan African Countries
title_full_unstemmed Export-Led Growth Hypothesis: Empirical Evidence from Selected Sub-Saharan African Countries
title_sort export-led growth hypothesis: empirical evidence from selected sub-saharan african countries
publishDate 2016
url https://eprints.ums.edu.my/id/eprint/31806/1/Export-Led%20Growth%20Hypothesis.pdf
https://eprints.ums.edu.my/id/eprint/31806/2/Export-Led%20Growth%20Hypothesis1.pdf
https://eprints.ums.edu.my/id/eprint/31806/
https://www.sciencedirect.com/science/article/pii/S2212567116000290
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