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Is the export-led growth hypothesis valid for developing countries? a case study of Costa Rica

By: Medina-Smith, Emilio J

Series: UNCTAD Policy Issues in International Trade and Commodities study series 1,2,5,6,7; Publisher: United Nations ; Geneva ; 2001Description: 51 p; ill., tblsISBN: 92-1-112518-9Subject(s): ECONOMIC GROWTH | PRODUCTION | THEORY | ECONOMIC PERFORMANCE | COSTA RICA | EXPORTSSummary: This study tests the export-led growth hypothesis (ELGH) which postulates the export growth is one of the key determinants of economic growth by analyzing the case of Costa Rica, using annual data for the period 1950-1997. The study finds that ELGH is valid in this particular case; however, the empirical results show that physical investment and population mainly drove Costa Rica's overall economic performance from 1950 onwards.

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Books	National Documentation Centre Caribbean Collection	01295-XI (Browse shelf)	Available		3943

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This study tests the export-led growth hypothesis (ELGH) which postulates the export growth is one of the key determinants of economic growth by analyzing the case of Costa Rica, using annual data for the period 1950-1997. The study finds that ELGH is valid in this particular case; however, the empirical results show that physical investment and population mainly drove Costa Rica's overall economic performance from 1950 onwards.

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