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Stuck in the Middle: An Analysis of Economic Growth and the Technological Intensity of Exports
Driven by the persistence of some economies’ lower-middle-income status, also known as the middle-income trap, this research aims to identify the relationship between exports and their growth rates. A Cobb-Douglass model augmented by the different types of exports is employed, and the relationship i...
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AUC Knowledge Fountain
2022
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| _version_ | 1867613421063634944 |
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| access_status_str | Open Access |
| author | Abdel Halim, Aya |
| author_browse | Abdel Halim, Aya |
| author_facet | Abdel Halim, Aya |
| author_sort | Abdel Halim, Aya |
| collection | Thesis |
| description | Driven by the persistence of some economies’ lower-middle-income status, also known as the middle-income trap, this research aims to identify the relationship between exports and their growth rates. A Cobb-Douglass model augmented by the different types of exports is employed, and the relationship is estimated for a panel of 77 lower-middle-income economies using multiple two-step system Generalized Method of Moments (GMM) model. This research’s contribution to the literature is two-fold: First, it analyzes exports from both an aggregated level (i.e., total exports) as well as at a disaggregated level by the technological intensity of exports. To add, the panel of lower-middle-income economies is studied as a whole, as well as divided by their trade openness levels, then by their different economic sizes. The findings firstly indicate a lack of homogeneity between countries of the used panel. Exports appear to have a significant relationship with economic growth in countries that are relatively more open or larger. Second, spillover effects were identified in more open economies. To add, the role of capitalizing on factor endowments was pronounced throughout the panel. Evidence of the Dutch Disease effect was also observed. Finally, an additional estimation including imports suggests that growth from imports could be one of the determinants to growth of the panel. |
| format | Thesis |
| id | oai:fount.aucegypt.edu:etds-2874 |
| institution | American University in Cairo (Egypt) |
| last_indexed | 2026-06-10T12:35:51.500Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from AUC Knowledge Fountain — bepress |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | AUC Knowledge Fountain |
| publisherStr | AUC Knowledge Fountain |
| record_format | dspace |
| source_str | AUC Knowledge Fountain — bepress |
| spelling | oai:fount.aucegypt.edu:etds-2874 Stuck in the Middle: An Analysis of Economic Growth and the Technological Intensity of Exports Abdel Halim, Aya Driven by the persistence of some economies’ lower-middle-income status, also known as the middle-income trap, this research aims to identify the relationship between exports and their growth rates. A Cobb-Douglass model augmented by the different types of exports is employed, and the relationship is estimated for a panel of 77 lower-middle-income economies using multiple two-step system Generalized Method of Moments (GMM) model. This research’s contribution to the literature is two-fold: First, it analyzes exports from both an aggregated level (i.e., total exports) as well as at a disaggregated level by the technological intensity of exports. To add, the panel of lower-middle-income economies is studied as a whole, as well as divided by their trade openness levels, then by their different economic sizes. The findings firstly indicate a lack of homogeneity between countries of the used panel. Exports appear to have a significant relationship with economic growth in countries that are relatively more open or larger. Second, spillover effects were identified in more open economies. To add, the role of capitalizing on factor endowments was pronounced throughout the panel. Evidence of the Dutch Disease effect was also observed. Finally, an additional estimation including imports suggests that growth from imports could be one of the determinants to growth of the panel. 2022-02-17T08:00:00Z thesis application/pdf https://fount.aucegypt.edu/etds/1855 https://fount.aucegypt.edu/context/etds/article/2874/viewcontent/STUCK_IN_THE_MIDDLE_AN_ANALYSIS_OF_ECONOMIC_GROWTH_AND_THE_TECHNOLOGICAL_INTENSITY_OF_EXPORTS.pdf Theses and Dissertations AUC Knowledge Fountain Trade technology growth lower-middle-income exports GMM Growth and Development International Economics Macroeconomics |
| spellingShingle | Trade technology growth lower-middle-income exports GMM Growth and Development International Economics Macroeconomics Abdel Halim, Aya Stuck in the Middle: An Analysis of Economic Growth and the Technological Intensity of Exports |
| title | Stuck in the Middle: An Analysis of Economic Growth and the Technological Intensity of Exports |
| title_full | Stuck in the Middle: An Analysis of Economic Growth and the Technological Intensity of Exports |
| title_fullStr | Stuck in the Middle: An Analysis of Economic Growth and the Technological Intensity of Exports |
| title_full_unstemmed | Stuck in the Middle: An Analysis of Economic Growth and the Technological Intensity of Exports |
| title_short | Stuck in the Middle: An Analysis of Economic Growth and the Technological Intensity of Exports |
| title_sort | stuck in the middle an analysis of economic growth and the technological intensity of exports |
| topic | Trade technology growth lower-middle-income exports GMM Growth and Development International Economics Macroeconomics |
| url | https://fount.aucegypt.edu/etds/1855 https://fount.aucegypt.edu/context/etds/article/2874/viewcontent/STUCK_IN_THE_MIDDLE_AN_ANALYSIS_OF_ECONOMIC_GROWTH_AND_THE_TECHNOLOGICAL_INTENSITY_OF_EXPORTS.pdf |
| work_keys_str_mv | AT abdelhalimaya stuckinthemiddleananalysisofeconomicgrowthandthetechnologicalintensityofexports |