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Determinants of Exports in Developing Countries [with Comments]
Muhammad Tariq Majeed, Eatzaz Ahmad and M. Idrees Khawaja
The Pakistan Development Review
Vol. 45, No. 4, Papers and Proceedings PARTS I and II Twenty-second Annual General Meeting and Conference of the Pakistan Society of Development Economists Lahore, December 19-22, 2006 (Winter 2006), pp. 1265-1276
Published by: Pakistan Institute of Development Economics, Islamabad
Stable URL: http://www.jstor.org/stable/41260681
Page Count: 12
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This paper analyses the determinants of exports in developing countries using panel data of 75 countries for the period 1970-2004. The analysis shows that the GDP and the GDP growth rates positively affect exports. The effect of FDI on exports is positive but insignificant. Thus the success of FDl-led export growth in a few Asian countries cannot be generalised for all developing countries, because structural problems vary across countries. It is also found that the depreciation of real exchange and industrialisation and the development of communication facilities significantly promote exports.
The Pakistan Development Review © 2006 Pakistan Institute of Development Economics, Islamabad