Exports and Economic Growth in Sub-Saharan Africa: Is There a Connection?

Abstract

Are exports and economic growth correlated in Sub-Saharan Africa? If yes, what is the direction of this causation? Is this direction reversed with the change of these countries from import-substitution (IS) to export promotion (EP) strategies? Based on a sample of 21 SSA countries these questions are addressed using Hsiao's Granger-causality. The results are the following. During the IS period, economic growth unidirectionally causes total exports in five countries, manufactured exports unidirectionally cause economic growth in one country, bidirectional causality exists between economic growth and total exports in three countries, bidirectional causality exists between economic growth and agricultural exports in one country and bidirectional causality exists between economic growth and manufactured exports in three countries. During the EP period, agricultural exports unidirectionally cause economic growth in nine countries, manufactured exports unidirectionally cause economic growth in three countries, economic growth unidirectionally causes agricultural exports in five countries, economic growth unidirectionally causes manufactured exports in six countries and a bidirectional causality exists between economic growth and agricultural exports in three countries.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 18 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.