EXPORTS AND ECONOMIC GROWTH: Further Evidence from Asian LDCs

@inproceedings{Rana1986EXPORTSAE,
  title={EXPORTS AND ECONOMIC GROWTH: Further Evidence from Asian LDCs},
  author={Pradurnna B. Rana},
  year={1986}
}
Fueled by the adverse conditions in the current international economic environment, the debate concerning the relative merits of development strategies based on import-substitution or export-oriented policies, is starting anew. This paper re-estimates Feder’s (1982) model using data from fourteen Asian LDCs during 1965·1982 and finds that, although the social marginal factor productivities in the export sector declined significantly in the post-1973 period providing some support for the… CONTINUE READING