The sustainability of export-led growth: The Singapore experience

Mahadevan, Renuka (2009) The sustainability of export-led growth: The Singapore experience. Journal of Developing Areas, 43 1: 233-247.

Author Mahadevan, Renuka
Title The sustainability of export-led growth: The Singapore experience
Journal name Journal of Developing Areas   Check publisher's open access policy
ISSN 0022-037X
Publication date 2009-09
Year available 2009
Sub-type Article (original research)
Volume 43
Issue 1
Start page 233
End page 247
Total pages 15
Editor Wahid, Abu N. M.
Place of publication United States
Publisher Journal of Developing Areas
Collection year 2010
Language eng
Subject C1
140305 Time-Series Analysis
140299 Applied Economics not elsewhere classified
Abstract This paper revisits the highly debated export-led growth hypothesis in a number of different ways using Singapore as a case study. First, the hypothesis is tested in terms of labor and total factor productivity growth and this provides a means of transmission via which exports can affect or be affected by GDP growth. Considering the impact of imports on GDP growth and productivity growth serve a similar purpose. The robustness of the relationships is checked using two different models given by a multivariate error correction model and the Toda and Yamamoto (1995) causality tests. These results have major implications and are necessary to reassess the effectiveness of trade policy as a strategy for economic development.
Keyword Export-led growth
productivity growth
Q-Index Code C1
Q-Index Status Confirmed Code

Document type: Journal Article
Sub-type: Article (original research)
Collections: 2010 Higher Education Research Data Collection
School of Economics Publications
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Created: Tue, 30 Mar 2010, 13:56:50 EST by Alys Hohnen on behalf of School of Economics