Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries

Volume: 2 Number: 2 June 1, 2012
  • Emine Kılavuz
  • Betül Altay Topcu
EN

Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries

Abstract

The correlation between growth in export and economic growth, which is called “Export-led Growth Hypothesis” in the literature, is still a current issue in both the theoretical and empirical literature. In the present study, the effect of different classifications of export and import on economic growth in 22 developing countries in the 1998–2006 period was tested based on two models, via panel data analysis. According to the results of the first model, the analysis of which included variables such as high and low-tech manufacturing industry exports, investment and population, it was found that only two variables, high-tech manufacturing industry export and investment, have a positive and significant effect on growth. In addition to the first model which included the analysis of all variables, the second model investigated the effect of high and low-tech manufacturing industry imports on growth. The findings revealed that only high-tech manufacturing industry export, investment and low-tech manufacturing industry import have a positive and significant effect on growth.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Emine Kılavuz This is me

Betül Altay Topcu This is me

Publication Date

June 1, 2012

Submission Date

June 1, 2012

Acceptance Date

-

Published in Issue

Year 2012 Volume: 2 Number: 2

APA
Kılavuz, E., & Topcu, B. A. (2012). Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries. International Journal of Economics and Financial Issues, 2(2), 201-215. https://izlik.org/JA66YX79SJ
AMA
1.Kılavuz E, Topcu BA. Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries. IJEFI. 2012;2(2):201-215. https://izlik.org/JA66YX79SJ
Chicago
Kılavuz, Emine, and Betül Altay Topcu. 2012. “Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries”. International Journal of Economics and Financial Issues 2 (2): 201-15. https://izlik.org/JA66YX79SJ.
EndNote
Kılavuz E, Topcu BA (June 1, 2012) Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries. International Journal of Economics and Financial Issues 2 2 201–215.
IEEE
[1]E. Kılavuz and B. A. Topcu, “Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries”, IJEFI, vol. 2, no. 2, pp. 201–215, June 2012, [Online]. Available: https://izlik.org/JA66YX79SJ
ISNAD
Kılavuz, Emine - Topcu, Betül Altay. “Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries”. International Journal of Economics and Financial Issues 2/2 (June 1, 2012): 201-215. https://izlik.org/JA66YX79SJ.
JAMA
1.Kılavuz E, Topcu BA. Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries. IJEFI. 2012;2:201–215.
MLA
Kılavuz, Emine, and Betül Altay Topcu. “Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries”. International Journal of Economics and Financial Issues, vol. 2, no. 2, June 2012, pp. 201-15, https://izlik.org/JA66YX79SJ.
Vancouver
1.Emine Kılavuz, Betül Altay Topcu. Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries. IJEFI [Internet]. 2012 Jun. 1;2(2):201-15. Available from: https://izlik.org/JA66YX79SJ