The research is aimed to scrutinise empirically the ELG (export-led growth strategy) on Ethiopia's economy. The causal relationship between export and economic growth of the country was analyzed with the application of Granger (1969) causality test using annual data for the period 1974 to 2009. It revealed that the decline in economic growth in the country pre reform period coupled with the alarming population growth led to stagnation and even a continual decline in the income of the country. This led to closer scrutiny of export growth on economic growth to achieve a sustained economic growth. Since 1992, the economic growth policy of Ethiopian government was guided by the idea of export-led growth. The view of export-led growth conceives growth of exports as having a favorable impact on economic growth. According to this view, export expansion to foreign markets improves resource allocation and production efficiency. Export is claimed as the 'engine of growth'. The results of the study show that there is evidence of uni-directional causality between export and economic growth for Ethiopia. Export growth causes economic growth. Thus, the results are favorably comparable to those obtained in the literature (Shan and Sun, 1998).
展开▼
机译：该研究旨在从经验上审查埃塞俄比亚经济的ELG（以出口为导向的增长战略）。运用Granger（1969）因果关系检验，利用1974年至2009年期间的年度数据，分析了该国出口与经济增长之间的因果关系。结果表明，改革前该国的经济增长下降，加上美国对经济增长的依赖程度。令人震惊的人口增长导致该国经济停滞，甚至持续下降。这导致对出口增长对经济增长进行更严格的审查，以实现持续的经济增长。自1992年以来，埃塞俄比亚政府的经济增长政策一直以出口为导向的增长理念为指导。以出口为主导的增长观点认为出口增长对经济增长具有有利影响。根据这种观点，扩大对国外市场的出口可以改善资源分配和生产效率。出口被称为“增长引擎”。研究结果表明，有证据表明埃塞俄比亚的出口与经济增长之间存在单向因果关系。出口增长导致经济增长。因此，该结果可与文献中获得的结果相媲美（Shan and Sun，1998）。
展开▼
