Export Demand Elasticities and Productivity as Determinants of Growth: Estimates for Mauritius

Thomas Ziesemer ()

Post-Print from HAL

Abstract: In this paper, we combine the export-led and import-led growth hypotheses in a growth model in which the importation of foreign capital goods and the demand elasticities of own export products explain the growth opportunities and the technical progress of developing countries. This model, based on imported capital goods uses Mauritius' data on capital investment, employment, export partners' growth and terms of trade to estimate price and income elasticities of export demand, total-factor productivity growth and economies of scale. These elasticities are then used to assess how the growth in export partners' income is converted into domestic growth. The implications of the presence of low or high export demand elasticities are discussed by relating them to various strands of trade and growth literature. Based on the results of this estimation, we also calculate steady-state growth rates, engine and handmaiden effects of growth as well as the dynamic steady-state gains from trade for this latecomer export economy. The implications of steady state results are also discussed in the light of the Mauritian employment and growth perspectives.

Keywords: Social; Sciences; &; Humanities (search for similar items in EconPapers)
Date: 2011-02-06
Note: View the original document on HAL open archive server: https://hal.science/hal-00666679
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Applied Economics, 2011, pp.1. ⟨10.1080/00036846.2010.537642⟩

Downloads: (external link)
https://hal.science/hal-00666679/document (application/pdf)

Related works:
Journal Article: Export demand elasticities and productivity as determinants of growth: estimates for Mauritius (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00666679

DOI: 10.1080/00036846.2010.537642

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().