The validity of the ELG hypothesis in the MENA region: cointegration and error correction model analysis

C-Tier
Journal: Applied Economics
Year: 2004
Volume: 36
Issue: 15
Pages: 1685-1695

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The export-led growth (ELG) hypothesis is examined for nine Middle East and North Africa (MENA) countries in three-variable vector autoregressive and error correction models. When considering total exports, the results reject the ELG hypothesis in almost all of these countries. When only manufactured exports are examined, no support is found for ELG in countries with relatively low shares of manufactured exports in total merchandise exports but strong support in countries with relatively high shares. These findings suggest that promoting exports may contribute to economic growth only after a certain threshold of manufactured exports has been reached.

Technical Details

RePEc Handle
repec:taf:applec:v:36:y:2004:i:15:p:1685-1695
Journal Field
General
Author Count
2
Added to Database
2026-01-24