01661cas a2200241 a 4500 AALejournalIMF005293 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451870787 1018-5941 BD-DhAAL BD-DhAAL Yang, Jie. An Analysis of So-Called Export-led Growth / Jie Yang. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The stylized fact that strong economic growth is usually accompanied with strong export growth leads many people to conclude that the export sector is the main driving force behind those episodes. The model in this paper, however, shows that the non-tradable sector may also generate high economic growth together with high export growth. Evidence shows that out of 71 "so-called" export-led growth episodes, only 37 of them are consistent with the "exports driving growth" hypothesis. Most of the remaining episodes (24 cases) experienced significant real exchange rate depreciation and are more likely to be characterized by "growth driving exports". Mode of access: Internet IMF Working Papers; Working Paper ; No. 2008/220 Full text available on IMF http://elibrary.imf.org/view/journals/001/2008/220/001.2008.issue-220-en.xml IMF e-Library