Table 1

Previous empirical findings on the causal relationship between exports and economic growth in both developed and developing countries

Author (Year)Region/CountriesStudy periodCausality
Studies in favour of export-led growth [i.e. Exports Granger-cause economic growth]
Boame (1998) Ghana1960 to 1992Exports →Y
El-Sakka and Al-Mutairi (2000) Arab countries1970 to 1999Exports →Y (Iraq, Morocco, Saudi Arabia and Syria)
Fountas (2000) Ireland1950 to 1990Exports →Y
Awokuse (2003) Canada1961:1 to 2000:4Exports →Y
Shirazi and Manap (2004) Pakistan1960 to 2003Exports →Y
Shirazi and Manap (2005) five South Asian countriesPakistan: 1960–2003
India: 1960–2002
Bangladesh: 1973–2002
Sri Lanka: 1960–2002
Nepal: 1975–2003
Exports →Y (Pakistan)
Siliverstovs and Herzer (2006) Chile1960 to 2001Exports →Y
Jordaan and Eita (2007) Namibia1970 to 2005Exports →Y
Narayan et al. (2007) Papua New Guinea and FijiPapua New Guinea: 1961–1999
Fiji: 1960–2001
Exports →Y
Fiji: Long-run
Papua New Guinea: Short-run
Dash (2009) India(1992[Q1 to 2007[Q4])Exports →Y
Rangasamy (2009) South Africa1960q1 to 2007q3Exports →Y
Uddin et al. (2010) Bhutan1980 to 2005Exports →Y
Ramona et al. (2010) Romania1999 Q1 to 2009 Q4Exports →Y
Samad (2011) Algeria1960 to 2005Exports →Y
Saad (2012) Lebanon1970 to 2010Exports →Y
Tsaurai and Odhiambo (2012) Zimbabwe1980 and 2010Exports →Y
Dritsaki (2013) Greece1960 to 2011Exports →Y
Abdulkarim (2014) Saudi Arabia1968 to 2011Exports →Y
Bilas et al. (2015) Croatia1996 to 2012Exports →Y
Ee (2016) Selected SSA countries1985 to 2014Exports →Y 
Ahmad et al. (2018) ASEAN5 economies1981 to 2013Exports →Y
Ali and Li (2018) China and Pakistan1980 to 2015Exports →Y
Dinç and Gökmen (2019) Brazil1960 to 2017Exports →Y (in the short run)
Kalaitzi and Chamberlain (2020) The UAE1975 to 2012Exports →Y (in the short run)
Kim et al. (2019) Myanmar1981 to 2015Exports →Y
Shakeel and Ahmed (2020) A panel of five South Asian countries1980 to 2014Exports →Y (in the long run)
B: Studies in favour of growth-led export [i.e. Economic growth Granger-causes exports]
Oxley (1993) Portugal1865–1985Y →Exports
Ahmad and Harnhirun (1996) ASEAN Countries1966 through 1988Y →Exports
Henriques and Sadorsky (1996) Canada1870 to 1991Y →Exports
Baharumshah and Rashid (1999) Malaysia1970:1 to 1994:4Y →Exports
El-Sakka and Al-Mutairi (2000) Arab countries1970 to 1999Y →Exports (the UAE)
Hatemi-J and Irandoust (2000) Nordic economiesDenmark: 1977.1–1996.1
Finland: 1975.1–1994.4
Norway: 1975.1–1996.1
Sweden: 1980.1–1995.2
Y →Exports (for the case of Denmark)
Panas and Vamvoukas (2002) Greece1948–1997Y →Exports (in the long run)
Shan and Tian (2002) Shanghai1990(1) to 1996(12)Y →Exports
Reppas and Christopoulos (2005) A sample of 22 less developed Asian and African countries 1969 to 1999Y →Exports
Cetintas and Barisik (2009) 13 transition economies1995:2 to 2006:4Y →Exports
Abbas (2012) Pakistan1975 to 2010Y →Exports
Igbal et al. (2012) Pakistan1970 to 2009Y →Exports
Shihab et al. (2014) Jordan2000 to 2012Y →Exports
Bonga et al. (2015) Zimbabwe1975 to 2013Y →Exports
Gokmenoglu et al. (2015) Costa Rica1980 to 2013Y →Exports
Popovici and Călin (2016) RomaniaQuarterly data, 2001 to 2015Y →Exports
Kalaitzi and Cleeve (2018) The UAE1981–2012Y →Exports (in the long run)
C: Studies in favour of bidirectional causality between exports and economic growth [i.e. exports and economic growth Granger-cause each other]
Kwan and Cotsomitis (1991) China1952 to 1985Exports ↔Y (for the period 1952–1985)
Bahmani-Oskooee and Janardhanan (1993) LDCs1973I to 1988IVExports ↔Y (in almost all countries in the sample)
Shan and Sun (1998) China1987 to 1996Exports ↔Y
El-Sakka and Al-Mutairi (2000) Arab countries1970 to 1999Exports ↔Y(Algeria, Bahrain, Egypt, Jordan, Mauritania and Oman
Wernerheim (2000) Canada1947 to 96Exports ↔Y
Abdulnasser (2002) Japan1966:01 to 1999:01Exports ↔Y
Hatemi-J and Irandoust (2000) Nordic economiesDenmark: 1977.1–1996.1
Finland: 1975.1–1994.4
Norway: 1975.1–1996.1
Sweden: 1980.1–1995.2
Exports ↔Y (for the case of Finland, Norway and Sweden)
Awokuse (2005) Korea1963 to 2001Exports ↔Y
Shirazi and Manap (2005) five South Asian countriesPakistan: 1960–2003
India: 1960–2002
Bangladesh: 1973–2002
Sri Lanka: 1960–2002
Nepal: 1975–2003
Exports ↔Y (Bangladesh and Nepal)
Jordaan and Eita (2009) Botswana1996.1 to 2007.4Exports ↔Y
Elbeydi et al. (2010) Libya1980 to 2007Exports ↔Y
Tsen (2010) China1978 to 2002Exports ↔Y
Rahmaddi and Ichihashi (2011) Indonesia1971 to 2008Exports ↔Y
Sallem and Sial (2015) Pakistan1973 to 2013Exports ↔Y
Sunde (2017) South Africa1990 to 2014Exports ↔Y
Guntukula (2018) IndiaApril 2005 to March 2017Exports ↔Y
Kalaitzi and Cleeve (2018) The UAE1981–2012Exports ↔Y (in the short run)
Dinç and Gökmen (2019) Brazil1960–2017Exports ↔Y (in the long run)
Shakeel and Ahmed (2020) A panel of five South Asian countries1980 to 2014Exports ↔Y (in the short run)
D: Studies in favour of neutrality hypothesis [i.e. No causality between exports and economic growth]
Ahmad and Kwan (1991) 47 African Countries1981 to 1987Exports ≠Y
Jin and Yu (1996) US economy1959:1 to 1992:3Exports ≠Y
Abdulnasser and Manucher (2000) Greece, Ireland, Mexico, Portugal and Turkey1960 to 1997Exports ≠Y (for Greece and Turkey)
Ahmed et al. (2000) Four South Asian (Bangladesh, India, Pakistan and Sri Lanka)1970 to 1997Exports ≠Y (for the case of Bangladesh, Pakistan and Sri Lanka)
El-Sakka and Al-Mutairi (2000) Arab countries1970 to 1999Exports ≠Y (Kuwait, Libya, Qatar, Sudan and Tunis)
Tang (2006) China1970 to 2001Exports ≠Y
Shirazi and Manap (2005) five South Asian countriesPakistan:1960–2003
India: 1960–2002
Bangladesh: 1973–2002
Sri Lanka: 1960–2002
Nepal: 1975–2003
Exports ≠Y (Sri Lanka and India)
Kalaitzi and Chamberlain (2020) The UAE1975 to 2012Exports ≠Y (in the long run)

Note(s): Exports →Y means exports cause economic growth; Y→ Exports means economic growth causes exports; Exports ↔Y means there is bidirectional causality between exports and economic growth; and Exports ≠Y means there is no causality between exports and economic growth

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