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- W1893392610 abstract "This study aimed to test the hypothesis of the role of exports in economic growth in the West Asia region (oil and non-oil countries) during the period (1993-2003). To this end The study used two theoretical models: the first depends on the function of traditional production plus exports as a productive input, and the second depends on two section-models (export and non-export), using Pooled cross sectional analysis to estimate the fixed and the random effect of both models. The results of the study shows that the productivity of exports is positive on economic growth and positive externalities in the rest of economy in oil countries and negative in the non-oil countries depending on the pattern and diversity of export structure. The study concluded that the strategy of export-oriented strategy is effective, where the results indicated that the export sector is more productive than other sectors. Thus, it recommends the adoption the policy of export-oriented to benefit from the comparative advantage in the export of goods that use local resources available in all states of the region. To achieve this, the States have to orient their policy towards diversify manufactured goods outward-oriented to increase competition in international markets and to maintain an exchange rate that facilitate the flow of goods exported to world markets. The results of this study agree with a lot of previous applied Studies." @default.
- W1893392610 created "2016-06-24" @default.
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- W1893392610 date "2010-06-02" @default.
- W1893392610 modified "2023-09-26" @default.
- W1893392610 title "Export Led Growth Hypothesis (Case study of West Asia Region)" @default.
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