Empirical Analysis of the Relationship between Exports and GDP
MetadataShow full item record
Our project examines the possible link between various countries’ exports as percent GDP and its GDP in US dollars in the year 2011 to determine exactly what effect an emphasis on exporting goods has on country GDP. We take into account the many varying theories currently tested and in place regarding the impact of exports on GDP of a country, which are oftentimes at odds with each other. The main two hypotheses our report focuses on are the export-led growth hypothesis and the paradox of plenty hypothesis. We use our collected data to create a multi-variable regression that includes cross-country data related to trade.