Is the Export-led Growth Hypothesis Valid for Developing Countries? A Case Study of Costa Rica

Format *
The export-led growth hypothesis (ELGH) states that export growth is one of the key determinants of economic growth. This study goes beyond the traditional neoclassical theory of production by estimating an augmented Cobb-Douglas production function. The study tests the hypothesis by analyzing the case of Costa Rica, using annual data for the period 1950-1997.
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Details:

Agency/Department
UN Trade and Development (UNCTAD)
Print ISBN
9789211125184
Print Publication Date
Page Count
60
Print Sales Number
01.II.D.8
Series Title
Policy Issues in International Trade and Commodities Study Series

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