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Export-Led Growth In Southern Africa, Ramona Sinoha-Lopete
Export-Led Growth In Southern Africa, Ramona Sinoha-Lopete
LSU Master's Theses
The objective of this thesis was to examine the validity of the Export-Led Growth (ELG) hypothesis in nine Southern African countries using annual data for the period 1980-2002. The thesis used time series econometric techniques to test for the causal linkage between exports and economic growth in Southern Africa. Dynamic econometric models were estimated to test for time series properties: unit root (ADF and PP tests), cointegration (Johansen’s procedure), and Granger-causality (Likelihood Ratio test-LR). The results of the unit root tests show that most of the series are stationary in first differences (series in levels have unit root—I(1)). Co-integration and …