This study examines the impact of foreign trade on economic growth in Iran. Using time series data, a regression analysis was carried out using E. Views statistical software. Results showed that non-oil exports, industrial and agricultural value added positively impacted on economic growth. Imports had a negative impact on growth, while exchange rate was wrongly signed.
Balassa, B. (1978), “Exports and Economic Growth: Further Evidence”, Journal of Development Economics, Vol. 5, pp. 181-189.
Balassa, B. (1985), “Exports, Policy Choices, and Economic Growth in Developing Countries after the 1973 Oil Shock”, Journal of Development Economics, Vol. 18, pp. 23-35.
Bayoumi, T., Coe, D.T. and Helpman, E. (1999), “Research and Development and Global Growth”, Journal of International Economics, Vol. 47, pp. 399-428.
Ben-David, D., Nordstrom, H. and Winters, L.A. (2000), “Trade, Income Disparity, and Poverty”, World Trade Organization, Geneva.
Blomstrom, M. and Kokko, A. (2003), “The Economics of Foreign Direct Investment Incentives”, NBER Working Paper, No. 9489, National Bureau of Economic Research, Cambridge.
Coe, D.T. and Helpman, E. (1995), “International Research and Development Spillovers”, European Economic Review, Vol. 39, pp. 859-887.
Dollar, D. (1992), “Outward-oriented Developing Economies Really do Grow More Rapidly”, Economic Development and Cultural Change, Vol. 40 No. 3, pp. 523-544.
Edwards, S. (1998), “Openness, Productivity and Growth: What do We Really know?” Economic Journal, Vol. 108, pp. 383-398.
Frankel, J.A., Romer, D., (1999) Does trade cause growth? American Economic Review 89, 379–399.
Feder, G. (1983), “On Exports and Economic Growth”, Journal of Development Economics, Vol. 12, pp. 59-73.
Goldberg, P. and Pavnik, N. (2007), “Distributional Effects of Globalization in Developing Countries.” Journal of Economic Literature 45: 39-82.
Jiles, J. A. and Williams, C. L. (2000a), “Export-Led Growth: A Survey of the Empirical Literature and Some Non Causality Results: Part 1.” Journal of International Trade and Economic Development 9, 261–337.
Khan, M. and Reinhart, C. (1990). “Private Investment and Economic
Growth in Developing Countries”, World Development, Vol.18, No.1.
Khataie, M. and Gharbali Moghaddam, Y. (2004), “The Dynamic Relationship
between Exchange rate and Gross Domestic Product in Economy of Iran”, Journal of Budget and Planning, No. 84, 3-25.
Kavoussi, R. M. (1985), “International Trade and Economic Development: The Recent Experience of Developing Countries”, Journal of Developing Areas, Vol. 19, pp. 379-392.
Komijani, A. and Memarnejad, A. (2004), “Importance of Quality Manpower in Economic Growth of Iran”, Journal of Trade Researches, No. 31.
Krueger, A. (1978), “Foreign Trade Regimes and Economic Development: Liberalization Attempts and Consequences”, Ballinger, Cambridge, Massachusetts.
Lall, S. (2000), “Foreign Direct Investment, Technology Development and Competitiveness: Issues and Evidence”, Monograph.
Levine R., Renelt, D., (1992), “A sensitivity analysis of cross-country growth”, American Economic Review 82, 942–963.
Mahdavi, A and Fatemi, M. (2007), “An Investigation on the Impact of Non- Oil Exports on Economic Growth– Case of Iran”, Iranian Economic Review, Vol.12, No.19.
Mahdavi, A and Javadi SH. (2006), “Testing the causal Relationship between Trade and Economic Growth in Iran”, Journal of Economic Researches, No. 4, pp.1-20.
Michaely, M. (1977), “Exports and Growth: An Empirical Investigation”, Journal of Development Economics, Vol. 4, pp. 49-53.
Mirjamali Mehrabadi, M. S. Nabiuny, E. and Etemad Moghadam, H. (2012), “Survey of Oil and Non-oil Export Effects on Economic Growth in Iran”, Greener Journal of Economics and Accountancy Vol. 1 (1), pp. 008-018, January.
Pahlavani, M. (2005), “The Relationship between Trade and Economic
Growth in Iran: An Application of a New Co-integration Technique in the Presence of Structural Breaks”, University of Wollongong, Economics Working Paper Series http://www.uow.edu.au/commerce/econ/wpapers.html
Panas, E. and Vamvoukas, G. (2002), “Further evidence on the Export-led Growth Hypothesis” , Applied Economic Letters, 9, 731–5.
Ram, R. (1985), “Exports and Economic Growth: Some Additional Evidence”, Economic Development and Cultural Change, Vol. 33, pp. 415-425.
Ram, R. (1987), “Exports and Economic Growth in Developing Countries: Evidence from Time -series and Cross Section Data”, Economic Development and Cultural Change, Vol. 36, pp. 51-72.
Rodriguez, F., Rodrik, D., (2001), “Trade Policy and Economic Growth: a Skeptics Guide to the Cross-National Evidence”, In Bernanke, B., Rogoff, K. S. (Eds.), NBER Macroeconomics Annual 2000, MITPress, Cambridge, Massachusetts.
Taghavi, M. Goudarzi, M. Masoudi, E. Parhizi Gashti, H. (2012), “Study on the Impact of Export and Import on Economic Growth in Iran”, Journal of Basic and Applied Scientific Research, 2(12)12787-12794.
Sachs, J. D. (1987), “Trade and Exchange Rate Policies in Growth Oriented Adjustment Programs”, in Corbo, V., Goldstein, M. and Khan, M. (Eds.), Growth Oriented Adjustment Programs, IMF, Washington, DC.
Sachs, J.D. (1989), “The Debt Overhang of Developing Countries”, in Calvo, G. A. et al (Eds.), Debt, Stabilization and Development: Essays in Memory of Carlos Diaz-Alejandro, Blackwell, Oxford, pp. 80-102.
Singer, H.W. (1950), “The Distribution of Gains between Investing and Borrowing Countries, American Economic Review, Vol. 40, pp. 473-485.
Singer H.W. and Gray, P. (1988), “Trade Policy and Growth of Developing Countries: Some New Data, World Development, Vol. 16, pp. 395-403.
Tyler, W.G. (1981), “Growth and Export Expansion in Developing Countries: Some Empirical Evidence”, Journal of Development Economics, Vol. 9, 121-130.
Te Velde, D.W. (2001), “Government Policies for Inward Foreign Direct Investment in Developing Countries: Implications for Human Capital Formation and Income Inequality, Paper presented at OECD Development Centre conference on FDI and Human Capital.
Wacziarg, R., (2001), “Measuring the Dynamic Gains from Trade”, World Bank Economic Review 15, 393–429.
Copyright: © 2013 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode