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Export Dependence and Economic Growth: A Reformulation and Respecification.
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- Author(s): Jaffee, David
- Source:
Social Forces. Sep85, Vol. 64 Issue 1, p102-118. 17p. - Source:
- Additional Information
- Subject Terms:
- Abstract: It is the general argument of dependency and wild-system theory that various forms of external economic dependence will have negative effects on the economic growth of nations. This paper reformulates the logic behind this expectation in the context of the economic growth effects of one widely employed measure of international economic dependence--export dependence. It is argued that this measure of dependence should have a positive linear effect on economic growth, that this expectation is not contrary to dependency/world-economy theoretical formulations, and that a correct test of the effect of export dependence requires an analysis of covariance model specification. Evidence is found for the positive effect of export dependence on economic growth. An interaction model provides support for the contention that the positive effect of export dependence is either reduced or reversed under conditions of export price fluctuation, raw material specialization, commodity concentration, and foreign capital penetration. [ABSTRACT FROM AUTHOR]
- Abstract: Copyright of Social Forces is the property of Oxford University Press / USA and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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