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The validity of the export-led growth hypothesis:...
Journal article

The validity of the export-led growth hypothesis: some evidence from the GCC

Abstract

This study investigates the validity of the export-led growth hypothesis (ELG) in five GCC countries, namely, Bahrain, Kuwait, Oman, Saudi Arabia and the United Arab Emirates. The study uses an augmented production function and annual time series data over the period 1975-2016. For the estimation of the models, the Johansen cointegration test is employed to test the existence of a long-run relationship between growth and exports. In addition, …

Authors

Kalaitzi AS; Chamberlain TW

Journal

Journal of International Trade & Economic Development, Vol. 30, No. 2, pp. 224–245

Publisher

Taylor & Francis

Publication Date

February 17, 2021

DOI

10.1080/09638199.2020.1813191

ISSN

0963-8199