Title: Exports and Economic Growth in Namibia, 1968-1992
Abstract: This short paper analyzes Namibia's data from 1968 to 1992 in order to determine the role of exports in economic growth. The analysis confirms the general importance of exports, but finds no discernible sign of accelerated growth because of it. There is some evidence supporting the political economist's hypothesis about declining terms of trade due to external demand-side factors. Even so, Namibia seems to represent a vent-for-surplus example in which resource rents do neither sustain early, nor stimulate new, economic growth. An important finding is that domestic export supply factors are more essential to growth than external demand factors.
Publication Year: 2003
Publication Date: 2003-07-16
Language: en
Type: preprint
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Cited By Count: 4
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