SANEI: Completed Studies: Abstract

Exports and Economic Growth in South Asia

The hypothesis of export-led growth, which has received considerable attention in the trade and development literature, argues that exports contribute positively to economic growth through a variety of channels. It is generally believed that the developing countries can improve their growth prospects by following an export-oriented trade and development strategy. The major objective of the proposed study is to examine the role of exports in the growth performance of the South Asian countries.

In particular, the study would explore the exports-economic growth nexus by employing the Engle-Granger Cointegration and Error Correction approach to assess whether or not each South Asian country exhibits statistically significant evidence of export-led growth. The study would also examine the export performance of the South Asian countries at a disaggregated level with a view to highlighting the contribution of principal sub-sectors of exports.



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