Reference Entry

export-led growth

Edited by John Black, Nigar Hashimzade and Gareth Myles

in A Dictionary of Economics

Fourth edition

Published in print January 2012 | ISBN: 9780199696321
Published online May 2013 | e-ISBN: 9780191759130
export-led growth

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Growth in which exports increase faster than other components of national expenditure. This can occur either because foreign incomes are growing faster than at home, or because domestic products are becoming more competitive in world markets, through lower prices, increased variety, or quality improvements....

Reference Entry.  46 words. 

Subjects: Economics

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