TY - GEN AU - Medina-Smith, Emilio J. TI - Is the export-led growth hypothesis valid for developing countries? a case study of Costa Rica T2 - UNCTAD Policy Issues in International Trade and Commodities study series SN - 92-1-112518-9 PB - United Nations KW - ECONOMIC GROWTH KW - PRODUCTION KW - THEORY KW - ECONOMIC PERFORMANCE KW - COSTA RICA KW - EXPORTS N2 - 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 ER -