Abstract
In this chapter, we consider the relationship between exports and income. As in the case of investment and government expenditures, the relationship between exports and income can be considered in at least three forms, namely (a) the relationship between the level of exports, say as a proportion of GDP, and the level of income; (b) the relationship between the level of exports and the growth of income, and (c) the relationship between the growth of exports and the growth of income. It is important to distinguish these three relationships, because they differ in their underlying mechanism.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 1990 R. M. Sundrum
About this chapter
Cite this chapter
Sundrum, R.M. (1990). Exports. In: Economic Growth in Theory and Practice. Palgrave Macmillan, London. https://doi.org/10.1057/9780230376816_10
Download citation
DOI: https://doi.org/10.1057/9780230376816_10
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-38947-6
Online ISBN: 978-0-230-37681-6
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)