Is the Export-Led Growth Hypothesis Valid for Sri Lanka? A Time-Series Analysis of Export-Led Growth hypothesis | Zendy

W A Dilrukshini | Zendy

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Is the Export-Led Growth Hypothesis Valid for Sri Lanka? A Time-Series Analysis of Export-Led Growth hypothesis

Author(s) -

W A Dilrukshini

Publication year - 2009

Publication title -

staff studies

Language(s) - English

Resource type - Journals

ISSN - 1391-3743

DOI - 10.4038/ss.v38i1.1222

Subject(s) - sri lanka , economics , empirical research , development economics , business , macroeconomics , political science , socioeconomics , mathematics , statistics , tanzania

This study examines the validity of the export-led growth hypothesis (ELG) for Sri Lanka using annual data over the period 1960-2005, employing time-series analysis techniques of cointegration, causality, Vector Auto Regressions (VARs) and Impulse Response Functions (IRFs). This study controls for other macroeconomic variables that might have a significant effect on export-economic growth relationship. The findings do not provide empirical support for the export-led growth hypothesis for Sri Lanka. DOI: 10.4038/ss.v38i1.1222 Staff Studies Volume 38 Numbers 1& 2 2008 p.75-94

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