| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5055045 | Economic Modelling | 2012 | 11 Pages |
Abstract
⺠This paper investigates causality relations among real GDP, exports and FDI in LDCs. ⺠Growth-led export hypothesis holds true in countries rich in natural resources. ⺠Export-led growth hypothesis holds true in manufacturing and services exporters. ⺠FDI does not have a “crowding out” effect on national output in LDCs. ⺠FDI is trade-creating in manufacturing LDCs, while market-seeking in oil-rich LDCs.
Keywords
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Economics and Econometrics
Authors
Rıfat BarıŠTekin,