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An analysis of so-called export-led growth

Author: Jie Yang; International Monetary Fund. Finance Department.
Publisher: Washington, D.C. : International Monetary Fund, ©2008.
Series: IMF working paper, WP/08/220.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Database:WorldCat
Summary:
The stylized fact that strong economic growth is usually accompanied with strong export growth leads many people to conclude that the export sector is the main driving force behind those episodes. The model in this paper, however, shows that the non-tradable sector may also generate high economic growth together with high export growth. Evidence shows that out of 71 "so-called" export-led growth episodes, only 37 of  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Yang, Jie, 1980-
Analysis of so-called export-led growth.
Washington, D.C. : International Monetary Fund, ©2008
(OCoLC)314407011
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Jie Yang; International Monetary Fund. Finance Department.
ISBN: 1451915314 9781451915310 9781451992328 1451992327
OCLC Number: 761997534
Notes: At head of title: Finance Department.
"September 2008."
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2011. MiAaHDL
Description: 1 online resource (42 pages)
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: IMF working paper, WP/08/220.
Responsibility: prepared by Jie Yang.

Abstract:

The stylized fact that strong economic growth is usually accompanied with strong export growth leads many people to conclude that the export sector is the main driving force behind those episodes. The model in this paper, however, shows that the non-tradable sector may also generate high economic growth together with high export growth. Evidence shows that out of 71 "so-called" export-led growth episodes, only 37 of them are consistent with the "exports driving growth" hypothesis. Most of the remaining episodes (24 cases) experienced significant real exchange rate depreciation and are more likely to be characterized by "growth driving exports."

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