Exports and economic growth in Sub-Saharan Africa: New insights from innovative econometric methods

Fumitaka Furuoka

The Journal of International Trade & Economic Development, 2018, vol. 27, issue 7, 830-855

Abstract: This study examined the relationship between exports and economic growth in Sub-Saharan Africa. It employed innovative econometric methods, including the Fourier ADF with structural break test, a comparative analysis of three causality tests and a rolling causality test procedure. The findings suggested that there was a statistically significant relationship between exports and economic growth in several Sub-Saharan countries. However, the causal linkages between exports and economic growth in these countries were found to be weak and unstable. These empirical results have some notable policy implications.

Date: 2018
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DOI: 10.1080/09638199.2018.1455890

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