Is the Export-Led Growth Hypothesis Valid for Sri Lanka? A Time-Series Analysis of Export-Led Growth hypothesis
By: W A Dilrukshini
Open Access
|Oct 2009Abstract
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
DOI: https://doi.org/10.4038/ss.v38i1.1222 | Journal eISSN: 1391-3743
Language: English
Page range: 75 - 94
Published on: Oct 14, 2009
Published by: Central Bank of Sri Lanka
In partnership with: Paradigm Publishing Services
Keywords:
© 2009 W A Dilrukshini, published by Central Bank of Sri Lanka
This work is licensed under the Creative Commons License.