An export-led growth strategy pakistan by iqraaa | studymodecom an export-led growth strategy meekal ahmed this essay makes no pretence to offer a novel concept or a new development strategy and most economists reading it will probably stifle a yawn and turn the page yet it is a subject worth talking about many countries round the world, most notably the former asian tigers, china, brazil. The literature on export-led growth in india is voluminous but inconclusive this study re-examines the export–output relationship over the 1960–2009 period, and finds strong evidence of export-led growth for india while there is no long-run cointegration relationship between india’s exports and output, tests of causality and impulse responses show a significant positive impact of.
Islamabad: the export-led growth that pakistan and several other developing countries are pursuing has two components: first, there is sustained export growth, which is based on increased competitiveness of the export sector in the second phase, the export sector becomes a catalyst for transformation of the overall structure of production in the economy. 17 pakistan economic and social review volume 53, no 1 (summer 2015), pp 17-46 exports-growth nexus in pakistan cointegration and causality analysis.
The export-led growth paradigm replaced—what many interpreted as a failing development strategy—the import substitution industrialization paradigm while there has been relative success with the new development strategy, including in germany, japan, as well as east and southeast asia, current conditions suggest that a new development paradigm is needed.
Sahri and atri (2012), analyzed export-led growth in india by taking a time series data from 1980-81 to 2008-09 it applied ordinary least square method to investigate the relationship between gross national product, total exports, manufactured exports and investment the results of this study supported the export-led growth hypothesis in india. Export-led growth is an economic strategy used by some developing countries this strategy seeks to find a niche in the world economy for a certain type of export this strategy seeks to find a niche in the world economy for a certain type of export.
The effect of export-led growth strategy on the ethiopian economy hailegiorgis biramo allaro university, ethiopia abstract the research is aimed to scrutiniseempirically the elg (export-led growth strategy) on ethiopia's economy india and pakistan followed isi strategy by the late 1960s, african countries such as ethiopia, nigeria. Growth in pakistan, export-led economic policy has been put into practice in the second half of 1990s but with a limited success pakistan's export earnings remained stagnant around uss 8-9 billion during the mid-1990s that constitute approximately 13% of the gdpas far as its share in the total world trade remained consistently very poor,02.
Export-led growth hypothesis 475 growth for 9 developing countries and found strong support for the export-led growth hypothesis for all the countries included in their sample likewise, dutt and ghosh (1996) found support for the export-led growth hypothesis in half of their sample countries.