Export externalities and economic growth

Izani Ibrahim, Craig R. MacPhee

    Research output: Contribution to journalArticle

    3 Citations (Scopus)

    Abstract

    Feder formulated the first model with an explicit mechanism connecting international trade and economic growth. We present new econometric estimates of this unique model for 30 developing countries studied by Feder. We replicate Feder's 1964-73 cross-section estimates for 1974-83 and 1984-93 and find that the export variables lose significance and that the model has less explanatory power overall. We also try to improve on time-series estimates by Ram and find that the coefficient of Feder's total factor productivity differential in favour of the export sector was positive and significant for 18 of the 30 countries. The export externality coefficient proved to be positive and significant in 13 countries although significant multicollinearity occurs in the regressions for eight of the 13. Comparisons of the results among countries suggest that the impact of exports on growth depends on population size, trade orientation, and the importance of manufacturing.

    Original languageEnglish
    Pages (from-to)257-283
    Number of pages27
    JournalJournal of International Trade and Economic Development
    Volume12
    Issue number3
    DOIs
    Publication statusPublished - Sep 2003

    Fingerprint

    economic growth
    Economics
    International trade
    Developing countries
    total factor productivity
    international economics
    Time series
    international trade
    Productivity
    econometrics
    world trade
    time series
    population size
    manufacturing
    cross section
    productivity
    developing world
    developing country
    regression
    externality

    Keywords

    • Economic growth
    • Exports

    ASJC Scopus subject areas

    • Geography, Planning and Development
    • Development

    Cite this

    Export externalities and economic growth. / Ibrahim, Izani; MacPhee, Craig R.

    In: Journal of International Trade and Economic Development, Vol. 12, No. 3, 09.2003, p. 257-283.

    Research output: Contribution to journalArticle

    Ibrahim, Izani ; MacPhee, Craig R. / Export externalities and economic growth. In: Journal of International Trade and Economic Development. 2003 ; Vol. 12, No. 3. pp. 257-283.
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